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QUESTIONS 97 THROUGH 108 RELATE TO FIXED INCOME IN...
QUESTIONS 97 THROUGH 108 RELATE TO FIXED INCOME INVESTMENTS.
CFA MOCK EXAM LEVEL I MOCK EXAM MORNING 2009
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103. The option adjusted spread (OAS) is best described as the:
A. Z-spread minus the option cost.
B. Z-spread plus the cost of the option.
C. value of the security’s embedded option.
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103.
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CFA MOCK EXAM LEVEL I MOCK EXAM MORNING 2009