TY - JOUR T1 - Pricing and Duration of Floaters and Interest Rate Swaps with Embedded Options JF - The Journal of Alternative Investments SP - 58 LP - 70 DO - 10.3905/jai.1999.318935 VL - 1 IS - 4 AU - Sanjay K. Nawalkha AU - Jun Zhang AU - Donald R. Chambers Y1 - 1999/03/31 UR - https://pm-research.com/content/1/4/58.abstract N2 - During the recent market turmoil, one of the financial instruments most often discussed was that of interest rate swaps, especially those with embedded options. In this article, one approach to understanding these products is suggested and examples given the interest rate sensitivity of a wide range of various interest rate products. ER -