Which of the following best defines a floating-rate bond?
[A]A bond with a fixed interest rate and has better yield than varying interest rate bond
[B]A bond with a fixed interest rate and has lower yield than varying interest rate bond
[C]A bond with a varying interest rate and has better yield than fixed interest rate bond
[D]A bond with a varying interest rate and has lower yield than fixed interest rate bond
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------D------
because I feel it is suitable for the bond
hope this answer help you..........☺️
because I feel it is suitable for the bond
hope this answer help you..........☺️
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