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1.Floating rate bonds usually trade _ par value Choice 1 of 4:very far from Choice 2 of 4 :all around the mulberry bush Choice 3

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1.Floating rate bonds usually trade _ par value Choice 1 of 4:very far from Choice 2 of 4 :all around the mulberry bush Choice 3 of 4 both far and near to Choice 4 of 4 very close to 2.We can effectively lend money for one year beginning in 2 years at a rate that is known today via a synthetic FPA by _ in the 2 year zero coupon bond and the 3 year zero coupon bond Choice 1 of 4 :Burying: short selling Choice 2 of 4 Short selling; buying Choice 3 of 4 Buying; buying Choice 4 of 4 :Short selling: Short selling 3. In one classic fixed-income trade, bond traders will _ short maturity bonds and_ long maturity bonds to speculate on the yield curve steepening. Choice 1 of 4 buy; buy Choice 2 of 4:short sell, buy Choice 3 of 4 short selli, short sell Choice 4 of 4 :buy; short sell

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