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* 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
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