问题
单项选择题
Which of the following statements about floating-rate bonds is FALSE()
A. Holding a floating-rate bond eliminates price fluctuations.
B. With a perfect, continuously resetting coupon rate, a floating-rate bond’s value would always equal par.
C. Prices of floating-rate bonds are less susceptible to interest rate fluctuations.
答案
参考答案:A
解析:
Holding floating-rate bonds minimizes, but does not eliminate price fluctuations. The other statements are true.