Floating Rate Bonds

question 71

Multiple Choice

Floating rate bonds:

• A) have interest payments based on some overall market rate.
• B) have the capacity for highly variable market value.
• C) usually have very narrow limits that interest payments cannot exceed.
• D) have flexible maturity dates.

---

Definitions:

Gross Profit

The financial gain made after deducting the costs of goods sold from total sales revenue.

Electronic Calendar Management

The use of digital tools and software to organize, schedule, and manage appointments, meetings, and events.

CRM System

Customer Relationship Management system; a technology for managing all your company's relationships and interactions with customers and potential customers.

Knowledge Management

The process of capturing, distributing, and effectively using knowledge within an organization.