What is the difference between a fixed-rate and a floating-rate loan?

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Finance Applications and Theory

ISBN: 978-1259691416

4th edition

Authors: Marcia Cornett

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Question Posted: Apr 28, 2017 08:38 AM

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What is the difference between a fixed-rate and a floating-rate loan?

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With fixedrate loans the firm makes fixed interest payments over the life of the loan ...View the full answer

Finance Applications and Theory

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