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#22 c.6.87% d. 7.24% e.7.62% QUESTION 22 Which of the following types of debt protect a bondholder against an increase in interest rates? a. Floating

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c.6.87% d. 7.24% e.7.62% QUESTION 22 Which of the following types of debt protect a bondholder against an increase in interest rates? a. Floating rate debt. b. Bonds that are redeemable ("putable") at par at the bondholders' option. c. Inflation-Indexed-Treasury-Securities, O d. All of the answers above. e. Only answers a and c above. VESTION 23 Vhich of the following events would make it more likely that a company would choose to ca a. A reduction in market interest rates. b. The company's bonds are downgraded. c. An increase in the call premium

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