Question #92
Reading: Reading 27 Valuation and Analysis of Bonds With Embedded Options
PDF File: Reading 27 Valuation and Analysis of Bonds With Embedded Options.pdf
Page: 29
Status: Unattempted
Part of Context Group: Q92-94
First in Group
Shared Context
Question
Wall is a little confused over the relationship between the embedded option and the callable bond. How does the value of the embedded call option change when interest rate volatility increases? The value:
Answer Choices:
A. may increase or decrease
B. increases
C. decreases
No explanation available for this question.