Exercise 27.4.6 For a putable bond, how does itsOAS behave (1) when the market price decreases, other
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Exercise 27.4.6 For a putable bond, how does itsOAS behave (1) when the market price decreases, other things being equal, and (2) when the coupon rate decreases, other things being equal and with the market price at par?
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Related Book For
Financial Engineering And Computation Principles Mathematics Algorithms
ISBN: 9780521781718
1st Edition
Authors: Yuh-Dauh Lyuu
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