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Which of the following best describes a floating-rate bond? A. A bond that adjusts the coupon payments based on an interest rate index, such as
Which of the following best describes a floating-rate bond? A. A bond that adjusts the coupon payments based on an interest rate index, such as the T-bill. B. A bond that is issued by the U.S. government. C. A bond that adjusts the coupon payment date. D. A bond that has no coupons, but adjusts the face value payment based on inflation
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