Which of the Following Is NOT a Feature of Euro

question 58

Multiple Choice

Which of the following is NOT a feature of euro floating rate notes (FRNs) ?

• A) Typically, FRNs issues are at least USD100 million.
• B) FRNs are a bearer bond issue in the euromarkets.
• C) A FRN call option gives the issuer the right to redeem the bonds before maturity.
• D) As the coupon is adjusted frequently over its lifetime, the price of the FRN is quite volatile.

---

Definitions:

Tui Na

A form of Chinese manipulative therapy often used in conjunction with acupuncture, moxibustion, and other traditional Chinese medicinal practices to treat a variety of conditions.

Tai Chi

A Chinese martial art practiced for both its defense training and its health benefits, emphasizing fluid, gentle movements.

Qui Gong

A traditional Chinese practice combining movement, meditation, and controlled breathing to enhance physical and mental well-being.

Ovo-lacto-vegetarian

A person who does not consume meat but includes eggs and dairy products in their diet.