Financial Risk Manager Part 1
Get started today
Ultimate access to all questions.
Comments
Loading comments...
Ultimate access to all questions.
In regard to the prepayment option embedded in a mortgage, the borrower (the homeowner) is most similar to:
A
Corporate issuer of a bond with a put option
B
Corporate issuer of a bond with a call option
C
Corporate issuer of a bond with an interest rate cap
D
Corporate issuer of a bond with an interest rate floor