The document discusses the relationship between interest rates, bond prices, and the value of call and put options. It explains how changes in interest rates affect the prices of outstanding debt securities and the value of options based on these securities. The document provides examples of how bond prices adjust to changes in interest rates and how this affects the value of price-based and yield-based options.
doj/DataSet10/EFTA01393113.pdf
{"document_type":"other","reference_numbers":["03-CR-515","SDNY_GM_00244699","EFTA01393113"]}