5. Why do you think a debt instrument whose interest rate is changed periodically based on some...

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5. Why do you think a debt instrument whose interest rate is changed periodically based on some market interest rate would be a more suitable investment vehicle for a depository institution than a long-term debt instrument with a fixed interest rate?

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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