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_______is one whose coupon rate fluctuates according to the level of current market interest rates. Eurobonds. Convertible bond. Subordinated debenture. Floating-rate bond. The yield curve
_______is one whose coupon rate fluctuates according to the level of current market interest rates.
Eurobonds. | ||
Convertible bond. | ||
Subordinated debenture. | ||
Floating-rate bond. |
The yield curve is most often downward-sloping but it can assume different shapes.
True
False
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