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Why is there a max/cap coupon rate on a floater class? (Choose one answer) Protect the floater class from prepayment risk Avoid having a negative
Why is there a max/cap coupon rate on a floater class? (Choose one answer) Protect the floater class from prepayment risk Avoid having a negative coupon on the inverse floater class Avoid the floater class coupon to be higher than LIBOR (or other reference rate) None of the above Why is there a max/cap coupon rate on a floater class? (Choose one answer) Protect the floater class from prepayment risk Avoid having a negative coupon on the inverse floater class Avoid the floater class coupon to be higher than LIBOR (or other reference rate) None of the above
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