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回复:(youzizhang)[2009]Session17-Reading 64: In...

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[2009]Session17-Reading 64: Interest Rate Derivative Instruments Los b~Q2

 

Q2.

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Buying a cap combined with a floating rate liability limits the exposure to interest rate increases (no exposure to interest rate increases above strike rate) while the floating rate borrower is still able to benefit from interest rate decreases.

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上一主题:Reading 62: Option Markets and Contracts Los e~Q26-33
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