What is meant by prepayment risk, contraction risk, and extension risk?
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What is meant by prepayment risk, contraction risk, and extension risk?
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These terms all relate to the risk of prepayment on a fixedincome security particularly in the conte...View the full answer
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Related Book For
Foundations Of Financial Markets And Institutions
ISBN: 9780136135319
4th Edition
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
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