Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'notional step schedule'?

A. regular, contract-specific schedule including the dates on which a rate reset, and corresponding actual rate, is recalculated
B. schedule of periodic payments (repayment installments) that specify changes in the balance of the debt over time
C. regular, contract-specific schedule including the dates on which interest is due to be paid
D. schedule of changes in the notional amount on which interest is paid, comprising the regular sequence of step events

Answer: schedule of changes in the notional amount on which interest is paid, comprising the regular sequence of step events