Describe the effect of deflation on inflation- linked bonds and the type of protection offered by a
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Describe the effect of deflation on inflation- linked bonds and the type of protection offered by a deflation floor. Identify the economic environment that deters issuers from offering deflation protection.
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Since the principal value of an inflation linked bond is indexed to changes in inflation inv...View the full answer
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Related Book For
Debt Markets And Investments
ISBN: 9780190877439
1st Edition
Authors: H. Kent Baker, Greg Filbeck, Andrew C. Spieler
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