Multiple Choice
Which of the following is not true of a standard floating-rate note on a coupon reset date?
A) The next coupon payment is set based on prevailing market rates.
B) The principal is unchanged.
C) The ex-coupon price (the price of the note not including the coupon immediately due) of the note is par.
D) The cum-coupon price (the price of the note including the coupon immediately due) is par.
Correct Answer:
Verified
Correct Answer:
Verified
Q25: You enter into a $100 million
Q26: The US Treasury market day-count convention is<br>A)
Q27: Your firm can borrow fixed at 8%
Q28: In a plain vanilla fixed-for-floating swap,<br>A) Fixed
Q29: Consider a $100 five-year zero-coupon swap to
Q30: Choose the most appropriate of the following
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Q32: Firm A can borrow at 4% fixed
Q33: The main difference between the "short-form" and
Q34: An important difference between a floating-rate note