#quiz #interestrate Which of the following best defines a - TopicsExpress

#quiz #interestrate Which of the following best defines a Floating-Rate Bond? [1] A bond with a fixed interest rate and has better yield than varying interest rate bond [2] A bond with a fixed interest rate and has lower yield than varying interest rate bond [3] A bond with a varying interest rate and has better yield than fixed interest rate bond [4] A bond with a varying interest rate and has lower yield than fixed interest rate bond

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Correct answer for yesterdays USMLE-style question is E! See

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