Explain whether you agree or disagree with the following statement: A floater whose quoted margin equals the

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Explain whether you agree or disagree with the following statement: “A floater whose quoted margin equals the market’s required margin trades at par regardless of the path the reference rate takes in the future.”

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Introduction To Fixed Income Analytics

ISBN: 9780470572139

2nd Edition

Authors: Steven V. Mann, Frank J. Fabozzi

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