Discuss why the Z- spread for a callable bond is higher than its OAS.
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Discuss why the Z- spread for a callable bond is higher than its OAS.
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The difference between the Z spread and option adjusted spread OAS represent...View the full answer
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Related Book For
Debt Markets And Investments
ISBN: 9780190877439
1st Edition
Authors: H. Kent Baker, Greg Filbeck, Andrew C. Spieler
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