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Flip-Flop Floating-Rate Note – Fincyclopedia
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Flip-Flop Floating Rate Note

An floating rate note that has a very long or endless (perpetual) maturity, with the right to convert back and...

Flip-Flop Floating-Rate Note

A floater (floating-rate note) that gives the bondholder the right to convert a note with a long maturity date or...