- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 8. Yield and Yield Spread Measures for Floating-Rate Instruments
- Subject 1. Yield and Yield Spread Measures for Floating-Rate Notes
CFA Practice Question
A floater resets its interest rate quarterly at three-month LIBOR plus 0.5%. The 0.5% here is the ______.
B. required margin
C. discount margin
A. quoted margin
B. required margin
C. discount margin
Correct Answer: A
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