Question
Which of the following is a correct description of how a company may issue debt with a floating coupon payment: All of the other answers
Which of the following is a correct description of how a company may issue debt with a floating coupon payment:
All of the other answers are false.
Issue a floating rate note and enter a long position in an interest rate swap.
Issue a fixed rate note and enter a short position in an interest rate swap.
Issue a fixed rate note and enter a long position in an interest rate swap.
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The Municipal Budget Crunch A Handbook For Professionals
Authors: Roger L. Kemp
1st Edition
0786463740, 978-0786463749
