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Interest Rate Options – All chapters
Chapter 3 shows you how to combine 2 digital caps to create an interest rate range, in which an investor receives a large payoff provided some future Libor reset falls within a specified range.
Target audience: Traders, risk managers, sales force, financial control, audit,
Prerequisite required:
– Yield Curve Analysis
– Bond Fundamentals
Prerequisite recommended:
– FX Options