|
- UID
- 222255
- 帖子
- 263
- 主题
- 68
- 注册时间
- 2011-7-2
- 最后登录
- 2014-6-28
|
It will fall less. The price of the option also decreases, making the callable bond fall less.
Same thing for a putable bond–it doesn’t increase/decrease as much as option free bonds for given decreases/increases in yields. |
|
发表于 2013-4-8 19:22
|