
- UID
- 222308
- 帖子
- 397
- 主题
- 6
- 注册时间
- 2011-7-2
- 最后登录
- 2016-8-1
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One more question.
On number 7 it lists a non-callable bond as the asset funding a liability. And says the risks associated with the liability includes interest rate risk, contingent claim risk, and cap risk.
How would a noncallable and seemingly non-floating security have contingent claim risk and cap risk? |
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