18. The zero-volatility spread is a measure of the spread that the investor would realize over the...

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18. The zero-volatility spread is a measure of the spread that the investor would realize over the entire Treasury spot rate curve if the bond were held to maturity.

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Measuring And Controlling Interest Rate And Credit Risk

ISBN: 9780471268062

2nd Edition

Authors: Frank J. Fabozzi, Steven V. Mann, Moorad Choudhry

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