Derivatives: Darth Vader's Revenge Message Board

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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Henry Volquardsen who wrote (210)	9/27/1998 10:41:00 AM
From: Mark Myword	Read Replies (1) of 2794

>>A CMO is a security in its own right and can be independantly priced. Yes it has optionality but so do convertible bonds. << Henry - I have seen this term optionality thrown around a few times, would you please enlighten us as to exactly what it means, and how it applies? Tia

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