WHICH TYPE OF FIXED-INCOME SECURITY IS MOST LIKELY TO HAVE COUPON...

99. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON VERSIONB QUESTIONS 2014
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON VERSIONB QUESTIONS 2014

99. Which type of fixed-income security is most likely to have coupon payments that reset periodically?

A. Floating-rate notes

B. Callable bonds

C. Convertible bonds