Explore the dynamics of the Weighted Average Coupon (WAC) used to measure the average interest rate of the underly mortgages in MBS, and its impact on investment strategies.
Discover what net proceeds are in asset sales, their impact on your earnings, and how they differ from gross proceeds. Learn to calculate your real takeaway with examples and key considerations.
Explore what a Discount Margin (DM) is, how it's calculated, and its importance in the pricing of floating-rate bonds. Essential read for finance professionals.
Unpack the concept of Yield to Call (YTC) to better anticipate returns on callable bonds. Learn calculation methods, examples, and strategic implications for investors.