The Study of the Pricing of Mortgage-Backed Securities- The Application of Option-Adjusted Spread Approach
碩士 === 朝陽科技大學 === 財務金融系碩士班 === 90 === As the banking institutions originate and hold mortgage loans is the asset, they bear the prepayment risk until borrowers pay off at maturity. In ORDER to reduce prepayment risks and manage interest rate risks, the banking industry can pool the mortgages of low...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2002
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/58487210722855742254 |