A(n)____ contract is an arrangement whereby the coupon rate on a note moves in the opposite direction of some variable rate index.
A) Inverse floating rate
B) Reverse floating rate
C) Backward floating rate
D) Opposing floating rate
E) Defensive floating rate

Question

Quizplus · Accepted Answer

The Answer of A(n)____ contract is an arrangement whereby the coupon rate on a note moves in the opposite direction of some variable rate index.
A) Inverse floating rate
B) Reverse floating rate
C) Backward floating rate
D) Opposing floating rate
E) Defensive floating rate

A(n)____ Contract Is an Arrangement Whereby the Coupon Rate on a Note