微信扫一扫
实时资讯全掌握
|
Which of the following is a limitation of the nominal spread for a mortgage-backed security? The nominal spread: A. is not adjusted for interest rate risk. B. does not account for the fact that mortgage-backed securities have lower convexity than Treasuries. C. does not account for the fact that mortgage-backed securities have higher convexity than Treasuries. D. is not adjusted for prepayment risk. |