Option-adjusted duration and effective duration are alternative measures used by analysts to evaluate fixed-income securities with embedded
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Optionadjusted duration Duration of the noncallable bond duration of the call option More precisely optionadjusted duration OAD is the duration of a c...View the full answer
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Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
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