Which of the following statements is true of floating-rate bonds?
A) They are also called serial bonds.
B) They offer interest payments much above the prevailing rates.
C) They do not have fixed interest payments.
D) They have progressively longer maturity.
E) They are often associated with startup firms with limited track records.
Correct Answer:
Verified
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A)current
B)floating
C)unsecured
D)fixed
E)junk
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