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In the US, social class groupings are typically based on all of the following EXCEPT:
Floating-Rate Bonds
Bonds with interest rates that adjust periodically based on a reference interest rate or index, protecting investors from interest rate risk.
Market Price
The price at which a product or service is traded in the competitive marketplace.
Put Provision
A clause found in certain securities that allows the holder to force the issuer to repurchase the security at specified prices before maturity.
Fixed Rate Bond
A bond that pays a predetermined interest rate to investors for the entire term of the bond.
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