Discuss whether one-factor models are good models

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Discuss whether one-factor models are good models for the short-rate of interest (instantaneous risk free rate). Include discussion of extensions that may be considered to improve the model. Illustrate your discussion by defining and referring to particular models.

Reference no: EM132456381

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Discuss whether one-factor models are good models : Discuss whether one-factor models are good models for the short-rate of interest (instantaneous risk free rate).
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