证券从业资格考试

【单选题】All else being equal, the ceiling on a floating-rate security is most likely to benefit the:
A．
A、issuer if interest rates fall.
B．B、issuer if interest rates rise.
C．C、bondholder if interest rates rise.
网考网参考答案：B
网考网解析：
When the interest rate increases, the periodic payment will be limited to the ceiling rate for the issue, which does great protection for the issuer. 查看试题解析出处>>