Floating-rate bonds are designed to minimise which of the following risks?
Floating Rate Bonds (FRBs) are bonds that have a variable coupon, equal to a money market reference rate (like MIBOR or LIBOR) plus a quoted spread (i.e., quoted margin). · Floating rate bonds allow the investor to earn a rate of interest income tied to current interest rates. As such, FRBs carry little interest rate risk. · Its price shows very low sensitivity to changes in market interest rates. When market rates rise, the expected coupons of the FRB increase in line with the increase in forward rates, which means its price remains constant. Thus, FRBs differ from fixed rate bonds, whose prices decline when market rates rise. As FRBs are very less sensitive to interest rate risk, they are considered conservative investments for investors who believe market rates will increase.
What should come in place of '?' in the given series?
11 32 74 158 326 ?
Complete the following series:
Mhz, Ngy, Ofx, Pew, ?
Statements: All computers are laptops. Some laptops are heavy. All heavy is wood.
Conclusion I: All laptops are computers.
Conclusion II: ...
If ‘+’ means ‘–’, ‘–’ means ‘×’, ‘×’ means ‘÷’, ‘÷’ means ‘+’, then what will come in place of the question mark...
Which of the following numbers will replace the question mark (?) in the given series?
91, 102, 139, ?, 187, 198, 235
Each of the digits in the number 7148356 is arranged in ascending order from left to right. The position of how many digits will remain unchanged as com...
In a certain code language 'how old are you' is written as 'ko to po ha' and 'you are very beautiful' is written as 'na po da to'. How is 'how' written ...
Take the given statements as true, disregarding commonly known facts, and decide which of the conclusion(s) logically follow(s) from the statements.
...Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Statements:
Some wallets are purses.
Some purses are bags.
All bags are suitcases.
Conclusions:
I. No wallet is a...