Which Three of the Following Are Advantages for the Firm

Which three of the following are advantages for the firm of floating- rate, as compared with fixed- rate, borrowings?

A) At the time of arrangement fixed rates are usually above floating rates.
B) If interest rates fall the cost of the loan falls.
C) Returns on the firm's assets may go up at times of higher interest rates and fall at times of lower interest rates, therefore the risk of higher rates is offset.
D) The firm may benefit from a rise in interest rates if, as with most businesses, its profits do not rise when interest rates rise.