Q53. Holding all other factors constant, an increase in expected yield volatility will cause the price of a (n): A. putable bond to increase. B. callable bond to increase C. Embedded put option to decease. D. Embedded call option to decease. 答案和详解如下:
Q53. A Study Session 15-66.n Increasing yield volatility increases the-value of bath put options and call options, which increase the value of a putable bond but decreases the value of a callable bond.
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