What is the effect of greater expected interest-rate volatility on the option-adjusted spread of a security?

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Bond Markets Analysis And Strategies

ISBN: 9780253337535

10th Edition

Authors: Frank J. Fabozzi, Francesco A. Fabozzi

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Question Posted: Jan 21, 2024 12:09 PM

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What is the effect of greater expected interest-rate volatility on the option-adjusted spread of a security?

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Optionadjusted spread OAS is a widely used measure for comparing the relative value of various fixedincome securities including mortgagebacked securit...View the full answer

Bond Markets Analysis And Strategies

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