Company X issued the following fixed and floating rate notes 5 years ago, with these terms:

	Fixed rate	Floating rate
Original Maturity	30 year	10 year
Current price	94	101
Coupon (current)	9%	8%
Reset rule	NA	LIBOR + 3%, reset 1 time / year
Callable	10 years after issue	5 years after issue
Call price	105	102.50
Sinking fund	None	None
YTM	7.8%	NA
Price range since issued	84-114	97-103

2. Why is the floaters price not always equal to par?