单选题 An analyst does research about a floating-rate security. All else being equal, the cap on a floating-rate security is most likeLy to benefit the:
A. issuer if interest rates fall.
B. issuer if interest rates rise.
C. bondholder if interest rates rise.

【正确答案】 B
【答案解析】[解析] 浮动利率的利率顶对于债券的发行人有利,它限制了票面利率上涨的最高幅度,锁定了发行人的利息支出。