Explain the difference between a capped and a floored FRN.
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Explain the difference between a capped and a floored FRN.
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A capped floating rate note FRN sets a maximum interest rate and a floored FRN sets a minimum ...View the full answer
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Related Book For 
Debt Markets And Investments
ISBN: 9780190877439
1st Edition
Authors: H. Kent Baker, Greg Filbeck, Andrew C. Spieler
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