In the crashing model in Example 15.3, we assumed that the
October 6, 2025The process of determining why a difference exists between a
October 6, 2025If the years to maturity of a bond is 20 years, what is the
If the years to maturity of a bond is 20 years, what is the periods to maturity? Similarly, if the bond can be called in 5 years, what is the periods till callable?
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