a. Explain how an inverse-floating-rate municipal bond can be created. b. Who determines the leverage of an

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a. Explain how an inverse-floating-rate municipal bond can be created.

b. Who determines the leverage of an inverse floater?

c. What is the duration of an inverse floater?

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Bond Markets Analysis And Strategies

ISBN: 9780132743549

8th Edition

Authors: Frank J Fabozzi

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Question Posted: Jul 28, 2024 05:01 AM

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a. Explain how an inverse-floating-rate municipal bond can be created. b. Who determines the leverage of an

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Bond Markets Analysis And Strategies

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