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Collateralized Mortgage Obligations: Analysis, Valuation and Portfolio Strategy

Authors: Andrew S. Davidson, Thomas S. Y. Ho, Yung C. Lim
Publisher: McGraw-Hill Companies
Category: Book

List Price: $75.00
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Seller: U-Books
Sales Rank: 2,764,868

Media: Hardcover
Pages: 328
Number Of Items: 1
Shipping Weight (lbs): 1.3
Dimensions (in): 9.1 x 6.2 x 1.1

ISBN: 1557384991
EAN: 9781557384997
ASIN: 1557384991

Publication Date: August 1, 1994
Availability: Usually ships in 1-2 business days

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Product Description
Authors and leading financial innovators Andrew S. Davidson, Thomas S. Y. Ho and Yung C. Lim provide tools to analyze a wide variety of CMO structures and discuss how to build a portfolio of CMOs that matches an investor's risk/reward profile. Most importantly, they show how to understand and manage the risks of these complex instruments so that investors will be able to recognize the rewards of CMOs while controlling the risk. Other topics addressed in this groundbreaking book include: understanding CMO deal structures; sequentials, subordinate PAC, TAC component scheduled floaters; superfloaters, inverse floaters, inverse floaters-IP and kitchen-sink bonds; prepayment volatility and vector-analysis; glossary of terms.


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