Underlying fixed cash flow
Suppose that a fixed cash flow treasury bond is split into two bonds, a floater and an inverse floater. Briefly explain why the Inverse Floating Rate Bond has a much longer effective duration than the underlying fixed cash flow.
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Assume that a fixed cash flow treasury bond is split into the two bonds, a floater and an inverse floater. In brief. explain why the Inverse Floating Rate Bond has a much longer effective duration than the underlying fixed cash flow.
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Compare measures of effectiveness, like validity, efficacy, symptom and behavior management, and recidivism. One therapy must be cognitive in nature.
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