Multiple Choice
On ________, the stated interest rate is adjusted periodically within stated limits in response to changes in specified money or capital market rates.
A) a floating rate bond
B) a zero coupon bond
C) a mortgage bond
D) an equipment trust certificate
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q156: Which of the following affects the cost
Q157: Hewitt Packing Company has an issue of
Q158: Nominal rate of interest is equal to
Q159: What is the value of an asset
Q160: A conversion feature in a bond has
Q162: A $1,000, 8% bond sells for 980.
Q163: If a corporate bond is issued with
Q164: The value of any asset is the
Q165: The yield curve in an economic period
Q166: Debentures such as convertible bonds are unsecured