
- UID
- 223450
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- 359
- 主题
- 10
- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-7
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(1), call option is affected by both interest rate volatility and interest rate itself.
(2) effective duration can’t be used for CDO. EDcash flow duration modified duration is better than coupon duration macauly duration for MBS and callable bond |
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