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11-25.If the value of an Interest-Only strip moves in the same direction as market interest rates,this means that an Interest-Only strip has:
Psychological Contract
An unwritten agreement that shapes the perceptions, beliefs, and expectations of the mutual obligations between an employer and employee.
Contributions
Efforts or offers made by individuals or groups towards achieving a common goal or improving a situation.
Inducements
Incentives or rewards offered to encourage a specific action or behavior from individuals or groups.
Managerial Practices
The set of policies, practices, and procedures used by managers to guide decision-making and operations in an organization.
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