A corporation is more prone to issue ﬂoating-rate bonds when they expect future interest rates to _____ over the life of the bond.

Name: A corporation is more prone to issue ﬂoating-rate bonds when they expect future interest rates to _____ over the life of the bond.
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Corporations issue floating-rate bonds when they expect interest rates to decline, as the interest payments on these bonds will decrease with falling rates, reducing the corporation's cost of borrowing.

A Corporation Is More Prone to Issue ﬂOating-Rate Bonds When