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Fischer Francis Trees & Watts
內容大綱
Fisher Francis Trees & Watts is a New York fixed-income investment management firm. A portfolio manager needs to purchase $375 million of 5-year notes at the Treasury auction. Unlike previous auctions, however, this is the first time the Treasury will auction the notes in a single-price "Dutch" auction. Provides the opportunity for students to study the primary and secondary market for government securities, auction theory, and financial market structure.