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Basic Question 15 of 15

______ can also act as a tool for investors who wants to hedge against the risk of falling interest rates.

A. Inverse floaters
B. Floaters
C. Guarantee certificates

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe the features of a fixed-income security

CFA® 2024 Level I Curriculum, Volume 4, Module 1.