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    Exam 27: Factor Models of the Term Structure
  5. Question
    The Ho & Lee (1986)model Directly Models the Following on a Binomial
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The Ho & Lee (1986)model Directly Models the Following on a Binomial

Question 2

Question 2

Multiple Choice

The Ho & Lee (1986) model directly models the following on a binomial tree:


A) Yields.
B) Discount functions.
C) Zero-coupon rates.
D) Forward rates.

Correct Answer:

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