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The Motivation for Floating Rate Bonds Arose Out of the Costly

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The motivation for floating rate bonds arose out of the costly experience of the early 1980s when inflation pushed interest rates to very high levels causing sharp declines in the prices of long-term bonds.


Definitions:

Social Influence

The change in behavior that one person causes in another, consciously or unconsciously, due to the way the influenced person perceives themselves in relation to the influencer, other people, and society.

Charismatic Leadership

A leadership style characterized by an individual's ability to inspire and motivate others through their personal charm and conviction.

Self-Esteem

The perception and evaluation of one's own worth and abilities, often seen as a key component of mental health.

Task-Oriented Style

A leadership or management approach focused primarily on the completion of tasks and goals.

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