1. What is a principal only (PO) strip? What causes the price-yield profile of a PO strip...
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1. What is a principal only (PO) strip? What causes the price-yield profile of a PO strip to have a steeper slope than a normal bond?
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Financial Institutions Management A Risk Management Approach
ISBN: 9780077211332
6th Edition
Authors: Anthony Saunders, Marcia Cornett
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