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- UID
- 223449
- 帖子
- 323
- 主题
- 8
- 注册时间
- 2011-7-11
- 最后登录
- 2016-4-19
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| don't have the book in front of me but I think you're missing something. The point is you want a high OAS and low option cost. You have to compare to the benchmark....so if the BM has the same credit & liquidity risk, then you want the higher OAS |
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发表于 2011-7-11 19:24
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