What is the option-adjusted spread relative to?
What will be an ideal response?
The option-adjusted spread (OAS) is a spread over the spot rate curve or benchmark used in the valuation. In the case of the binomial method, the OAS is a spread over the binomial interest-rate tree.
You might also like to view...
When countries or regions experience currency and/or economic stress, all of the following events can take place except:
A) increased exposure to certain risks. B) new profit opportunities. C) lower local currency financing costs. D) bad debts occur. E) cancellation of aircraft equipment sales.
Which of the following is NOT involved in money laundering?
a. engaging in financial transactions to conceal the source of the funds involved b. engaging in financial transactions to conceal the amount of the funds involved c. engaging in financial transactions to conceal the identity of the funds involved d. engaging in financial transactions to conceal the destination of the funds involved
An agent's scope of authority generally includes
a. implied authority. b. apparent authority. c. express authority. d. all of these.
A networking model is akin to a(n):
A) architectural blueprint B) compass rose C) divining stick D) none of the above