Which has greater interest rate risk, an IO or a PO strip?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Question Posted: Sep 19, 2012 05:12 AM

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Which has greater interest rate risk, an IO or a PO strip?

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PO strips have greater interest rate risk if we define in...View the full answer

Fundamentals of Investments Valuation and Management

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