adjusted exercise price
 

* 1.Term used in options on Ginnie Mae (Government National Mortgage Association) contracts . The final exercise price of the option accounts for the coupon rates carried on Ginnie Mae mortgages . For example, if the standard GNMA mortgage has an 9% yield , the price of GNMA pools with 13% mortgages in them is altered so that the investor receives the same yield

English Related Words* acceptable price range

* active exercise

* adjusted

* adjusted amount

* adjusted balance method

* adjusted basis

* adjusted book value

* adjusted elevation

* adjusted gross income(agi)

* adjusted interest

* adjusted present value(apv)

* adjusted range

* adjusted statement

* adjusted value

* adjusted weighted