Floating-rate bonds are bonds that can be redeemed at par at the option of their holder either at specific date after the date of issue and every 1 to 5 years thereafter or when and if the firm takes specified actions such as being acquired,
acquiring another company, or issuing a large amount of additional debt.
Indicate whether the statement is true or false
FALSE
Business
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Milton Friedman contended that a business cannot increase its profits while conforming to society's laws and ethical customs.
a. true b. false
Business
Investor confidence in the value of a currency plays an important role in determining its exchange rate
Indicate whether the statement is true or false
Business