The book notes that the A1-A3 seperates out the prepayment Risk and the A v. B set-up seperates out the credit risk.
So if prepayments are made Does it apply to A3 first? or
B2 the B1 then A3 etc...作者: kickthatcfa 时间: 2011-7-13 15:59
Well I'd say Prepaments are applied in this order, B2 -> B1 -> A3 -> A2 -> A1
What chapter is this from? the entire FI is a BLUR!
