Which one of the following statements concerning floating-rate bonds is correct?
A. the market price of a floating-rate bond will always equal par.
B. floating-rate bonds have coupon rates that generally can vary without limitations.
C. floating-rate bonds generally contain a put provision at a pre-specified premium price.
D. floating-rate bonds are issued by the government but not by corporations.
E. the market price of a floating-rate bond is less volatile than that of a comparable fixed rate bond.
