Accrual Tranche Question - 【CFA学习交流讨论】 - CFA论坛

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发表于 2011-7-11 19:48 | 显示全部帖子

max81 Wrote:
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> The tranche lowers contraction risk not
> prepayment risk for the other tranches

Fair enough, but what is the difference between the two?

NO EXCUSES

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