The trust deed of bond indenture contains the features of the conditional agreement between the issuing firm and the bond investors.Which of the following will NOT be contained in the bond indenture or agreement for a floating-rate bond?I.coupon interest rateII.coupon interest payment dateIII.convertible feature with a conversion ratioIV.reference to a benchmark interest rate
A) I, II, and IV only
B) I, II, and III only
C) II, III, and IV only
D) I, III, and IV only
Correct Answer:
Verified
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