What are the problems of using the Black-Scholes option pricing model to value bond options? What is

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What are the problems of using the Black-Scholes option pricing model to value bond options? What is meant by the term pull-to-par?
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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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