Examlex
Which of the following is mismatched?
Substitution Swap
Exchange of one bond for another more attractively priced bond with similar attributes.
Duration
An indicator that represents how the price of a bond or any similar type of debt is affected by interest rate fluctuations, displayed as a duration in years.
Mispricing
Situations where the market price of an asset deviates from its theoretical or intrinsic value.
Coupon Payments
Regular interest payments made to bondholders, typically on a semi-annual basis, based on the bond's interest rate.
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