Floating-Rate Bonds Generally Have

question 12

Multiple Choice

Floating-rate bonds generally have

• A)an unlimited variable rate of interest.
• B)a fixed coupon rate and a variable principal balance.
• C)both a call and a put provision.
• D)both a put provision and a collar.
• E)a collar only on the bond's principal.

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Definitions:

Union Demands

The requirements or conditions put forth by a labor union during negotiations with employers, regarding wages, benefits, working conditions, and other employment terms.

Wagner Act

Also known as the National Labor Relations Act of 1935, it established the legal right for workers to form unions, engage in collective bargaining, and take collective action in the United States.

Union Membership

The state of being a member of a labor union, which involves participation in the union's activities and adherence to its rules and agreements.

Labor Power

The ability of workers to negotiate the value of their work and conditions of employment, often through collective bargaining.