Which of the following best describes a floating-rate bond

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Which of the following best describes a floating-rate bond?

A. A bond that adjusts the coupon payments based on an interest rate index, such as the T-bill.
B. A bond that is issued by the U.S. government.
C. A bond that adjusts the coupon payment date.
D. A bond that has no coupons, but adjusts the face value payment based on inflation.

Reference no: EM13286505

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