id	sid	tid	token	lemma	pos
fsr-3148	1	1	structured	structure	VERB
fsr-3148	1	2	certificates	certificate	NOUN
fsr-3148	1	3	of	of	ADP
fsr-3148	1	4	deposit	deposit	NOUN
fsr-3148	1	5	:	:	PUNCT
fsr-3148	1	6	introduction	introduction	NOUN
fsr-3148	1	7	and	and	CCONJ
fsr-3148	1	8	valuation	valuation	PROPN
fsr-3148	1	9	geng	geng	PROPN
fsr-3148	1	10	deng	deng	PROPN
fsr-3148	1	11	,	,	PUNCT
fsr-3148	1	12	ph.d	ph.d	PROPN
fsr-3148	1	13	.	.	PROPN
fsr-3148	1	14	,	,	PUNCT
fsr-3148	1	15	cfa	cfa	PROPN
fsr-3148	1	16	,	,	PUNCT
fsr-3148	1	17	frma	frma	PROPN
fsr-3148	1	18	,	,	PUNCT
fsr-3148	1	19	tim	tim	PROPN
fsr-3148	1	20	dulaney	dulaney	PROPN
fsr-3148	1	21	,	,	PUNCT
fsr-3148	1	22	ph.d	ph.d	PROPN
fsr-3148	1	23	.	.	PROPN
fsr-3148	1	24	,	,	PUNCT
fsr-3148	1	25	frma	frma	PROPN
fsr-3148	1	26	,	,	PUNCT
fsr-3148	1	27	tim	tim	PROPN
fsr-3148	1	28	husson	husson	PROPN
fsr-3148	1	29	,	,	PUNCT
fsr-3148	1	30	ph.d	ph.d	PROPN
fsr-3148	1	31	.	.	PROPN
fsr-3148	1	32	,	,	PUNCT
fsr-3148	1	33	frma	frma	PROPN
fsr-3148	1	34	,	,	PUNCT
fsr-3148	1	35	craig	craig	PROPN
fsr-3148	1	36	mccann	mccann	PROPN
fsr-3148	1	37	,	,	PUNCT
fsr-3148	1	38	ph.d	ph.d	PROPN
fsr-3148	1	39	.	.	PROPN
fsr-3148	1	40	,	,	PUNCT
fsr-3148	1	41	cfaa	cfaa	NOUN
fsr-3148	1	42	,	,	PUNCT
fsr-3148	1	43	*	*	PUNCT
fsr-3148	1	44	asecurities	asecuritie	NOUN
fsr-3148	1	45	litigation	litigation	NOUN
fsr-3148	1	46	and	and	CCONJ
fsr-3148	1	47	consulting	consulting	NOUN
fsr-3148	1	48	group	group	NOUN
fsr-3148	1	49	,	,	PUNCT
fsr-3148	1	50	inc	inc	PROPN
fsr-3148	1	51	.	.	PROPN
fsr-3148	1	52	,	,	PUNCT
fsr-3148	1	53	3998	3998	NUM
fsr-3148	1	54	fair	fair	PROPN
fsr-3148	1	55	ridge	ridge	NOUN
fsr-3148	1	56	drive	drive	NOUN
fsr-3148	1	57	,	,	PUNCT
fsr-3148	1	58	suite	suite	NOUN
fsr-3148	1	59	250	250	NUM
fsr-3148	1	60	,	,	PUNCT
fsr-3148	1	61	fairfax	fairfax	NOUN
fsr-3148	1	62	,	,	PUNCT
fsr-3148	1	63	va	va	PROPN
fsr-3148	1	64	22033	22033	NUM
fsr-3148	1	65	,	,	PUNCT
fsr-3148	1	66	usa	usa	PROPN
fsr-3148	1	67	abstract	abstract	PROPN
fsr-3148	1	68	this	this	DET
fsr-3148	1	69	article	article	NOUN
fsr-3148	1	70	examines	examine	VERB
fsr-3148	1	71	the	the	DET
fsr-3148	1	72	properties	property	NOUN
fsr-3148	1	73	and	and	CCONJ
fsr-3148	1	74	valuation	valuation	NOUN
fsr-3148	1	75	of	of	ADP
fsr-3148	1	76	market	market	NOUN
fsr-3148	1	77	-	-	PUNCT
fsr-3148	1	78	linked	link	VERB
fsr-3148	1	79	certificates	certificate	NOUN
fsr-3148	1	80	of	of	ADP
fsr-3148	1	81	deposit	deposit	NOUN
fsr-3148	1	82	(	(	PUNCT
fsr-3148	1	83	structured	structured	ADJ
fsr-3148	1	84	cds	cd	NOUN
fsr-3148	1	85	)	)	PUNCT
fsr-3148	1	86	.	.	PUNCT
fsr-3148	2	1	structured	structured	ADJ
fsr-3148	2	2	cds	cd	NOUN
fsr-3148	2	3	are	be	AUX
fsr-3148	2	4	similar	similar	ADJ
fsr-3148	2	5	to	to	ADP
fsr-3148	2	6	structured	structured	ADJ
fsr-3148	2	7	products	product	NOUN
fsr-3148	2	8	—	—	PUNCT
fsr-3148	2	9	debt	debt	NOUN
fsr-3148	2	10	securities	security	NOUN
fsr-3148	2	11	with	with	ADP
fsr-3148	2	12	payoffs	payoff	NOUN
fsr-3148	2	13	linked	link	VERB
fsr-3148	2	14	to	to	ADP
fsr-3148	2	15	market	market	NOUN
fsr-3148	2	16	indexes	index	NOUN
fsr-3148	2	17	—	—	PUNCT
fsr-3148	2	18	but	but	CCONJ
fsr-3148	2	19	while	while	SCONJ
fsr-3148	2	20	structured	structured	ADJ
fsr-3148	2	21	products	product	NOUN
fsr-3148	2	22	have	have	AUX
fsr-3148	2	23	garnered	garner	VERB
fsr-3148	2	24	significant	significant	ADJ
fsr-3148	2	25	interest	interest	NOUN
fsr-3148	2	26	in	in	ADP
fsr-3148	2	27	both	both	CCONJ
fsr-3148	2	28	the	the	DET
fsr-3148	2	29	financial	financial	ADJ
fsr-3148	2	30	media	medium	NOUN
fsr-3148	2	31	and	and	CCONJ
fsr-3148	2	32	in	in	ADP
fsr-3148	2	33	the	the	DET
fsr-3148	2	34	academic	academic	ADJ
fsr-3148	2	35	literature	literature	NOUN
fsr-3148	2	36	,	,	PUNCT
fsr-3148	2	37	structured	structure	VERB
fsr-3148	2	38	cds	cd	NOUN
fsr-3148	2	39	have	have	AUX
fsr-3148	2	40	received	receive	VERB
fsr-3148	2	41	relatively	relatively	ADV
fsr-3148	2	42	little	little	ADJ
fsr-3148	2	43	attention	attention	NOUN
fsr-3148	2	44	.	.	PUNCT
fsr-3148	3	1	we	we	PRON
fsr-3148	3	2	review	review	VERB
fsr-3148	3	3	the	the	DET
fsr-3148	3	4	market	market	NOUN
fsr-3148	3	5	for	for	ADP
fsr-3148	3	6	structured	structured	ADJ
fsr-3148	3	7	cds	cd	NOUN
fsr-3148	3	8	in	in	ADP
fsr-3148	3	9	the	the	DET
fsr-3148	3	10	united	united	PROPN
fsr-3148	3	11	states	states	PROPN
fsr-3148	3	12	and	and	CCONJ
fsr-3148	3	13	provide	provide	VERB
fsr-3148	3	14	valuations	valuation	NOUN
fsr-3148	3	15	for	for	ADP
fsr-3148	3	16	several	several	ADJ
fsr-3148	3	17	common	common	ADJ
fsr-3148	3	18	product	product	NOUN
fsr-3148	3	19	types	type	NOUN
fsr-3148	3	20	.	.	PUNCT
fsr-3148	4	1	using	use	VERB
fsr-3148	4	2	our	our	PRON
fsr-3148	4	3	methodology	methodology	NOUN
fsr-3148	4	4	,	,	PUNCT
fsr-3148	4	5	we	we	PRON
fsr-3148	4	6	find	find	VERB
fsr-3148	4	7	significant	significant	ADJ
fsr-3148	4	8	mispricing	mispricing	NOUN
fsr-3148	4	9	of	of	ADP
fsr-3148	4	10	several	several	ADJ
fsr-3148	4	11	common	common	ADJ
fsr-3148	4	12	types	type	NOUN
fsr-3148	4	13	of	of	ADP
fsr-3148	4	14	structured	structured	ADJ
fsr-3148	4	15	cds	cd	NOUN
fsr-3148	4	16	across	across	ADP
fsr-3148	4	17	multiple	multiple	ADJ
fsr-3148	4	18	issuers	issuer	NOUN
fsr-3148	4	19	,	,	PUNCT
fsr-3148	4	20	which	which	PRON
fsr-3148	4	21	is	be	AUX
fsr-3148	4	22	similar	similar	ADJ
fsr-3148	4	23	in	in	ADP
fsr-3148	4	24	magnitude	magnitude	NOUN
fsr-3148	4	25	to	to	ADP
fsr-3148	4	26	the	the	DET
fsr-3148	4	27	well	well	ADV
fsr-3148	4	28	-	-	PUNCT
fsr-3148	4	29	documented	document	VERB
fsr-3148	4	30	mispricing	mispricing	NOUN
fsr-3148	4	31	in	in	ADP
fsr-3148	4	32	the	the	DET
fsr-3148	4	33	structured	structured	ADJ
fsr-3148	4	34	products	product	NOUN
fsr-3148	4	35	market	market	NOUN
fsr-3148	4	36	.	.	PUNCT
fsr-3148	5	1	in	in	ADP
fsr-3148	5	2	particular	particular	ADJ
fsr-3148	5	3	,	,	PUNCT
fsr-3148	5	4	we	we	PRON
fsr-3148	5	5	estimate	estimate	VERB
fsr-3148	5	6	that	that	SCONJ
fsr-3148	5	7	structured	structured	ADJ
fsr-3148	5	8	cds	cd	NOUN
fsr-3148	5	9	are	be	AUX
fsr-3148	5	10	typically	typically	ADV
fsr-3148	5	11	worth	worth	ADJ
fsr-3148	5	12	�	�	PROPN
fsr-3148	5	13	93	93	NUM
fsr-3148	5	14	%	%	NOUN
fsr-3148	5	15	of	of	ADP
fsr-3148	5	16	the	the	DET
fsr-3148	5	17	value	value	NOUN
fsr-3148	5	18	of	of	ADP
fsr-3148	5	19	a	a	DET
fsr-3148	5	20	contemporaneously	contemporaneously	ADV
fsr-3148	5	21	issued	issue	VERB
fsr-3148	5	22	fixed	fix	VERB
fsr-3148	5	23	-	-	PUNCT
fsr-3148	5	24	rate	rate	NOUN
fsr-3148	5	25	cd	cd	PROPN
fsr-3148	5	26	.	.	PUNCT
fsr-3148	6	1	these	these	DET
fsr-3148	6	2	results	result	NOUN
fsr-3148	6	3	suggest	suggest	VERB
fsr-3148	6	4	that	that	SCONJ
fsr-3148	6	5	unsophisticated	unsophisticated	ADJ
fsr-3148	6	6	investors	investor	NOUN
fsr-3148	6	7	may	may	AUX
fsr-3148	6	8	not	not	PART
fsr-3148	6	9	understand	understand	VERB
fsr-3148	6	10	the	the	DET
fsr-3148	6	11	value	value	NOUN
fsr-3148	6	12	,	,	PUNCT
fsr-3148	6	13	risks	risk	NOUN
fsr-3148	6	14	,	,	PUNCT
fsr-3148	6	15	and	and	CCONJ
fsr-3148	6	16	subtleties	subtlety	NOUN
fsr-3148	6	17	of	of	ADP
fsr-3148	6	18	these	these	DET
fsr-3148	6	19	ostensibly	ostensibly	ADV
fsr-3148	6	20	conservative	conservative	ADJ
fsr-3148	6	21	investments	investment	NOUN
fsr-3148	6	22	.	.	PUNCT
fsr-3148	7	1	©	©	PROPN
fsr-3148	7	2	2014	2014	NUM
fsr-3148	7	3	academy	academy	NOUN
fsr-3148	7	4	of	of	ADP
fsr-3148	7	5	financial	financial	ADJ
fsr-3148	7	6	services	service	NOUN
fsr-3148	7	7	.	.	PUNCT
fsr-3148	8	1	all	all	DET
fsr-3148	8	2	rights	right	NOUN
fsr-3148	8	3	reserved	reserve	VERB
fsr-3148	8	4	.	.	PUNCT
fsr-3148	9	1	keywords	keyword	NOUN
fsr-3148	9	2	:	:	PUNCT
fsr-3148	9	3	certificate	certificate	NOUN
fsr-3148	9	4	of	of	ADP
fsr-3148	9	5	deposit	deposit	NOUN
fsr-3148	9	6	;	;	PUNCT
fsr-3148	9	7	structured	structured	ADJ
fsr-3148	9	8	product	product	NOUN
fsr-3148	9	9	;	;	PUNCT
fsr-3148	9	10	cd	cd	PROPN
fsr-3148	9	11	1	1	NUM
fsr-3148	9	12	.	.	PUNCT
fsr-3148	9	13	introduction	introduction	NOUN
fsr-3148	9	14	structured	structure	VERB
fsr-3148	9	15	certificates	certificate	NOUN
fsr-3148	9	16	of	of	ADP
fsr-3148	9	17	deposit	deposit	NOUN
fsr-3148	9	18	(	(	PUNCT
fsr-3148	9	19	structured	structured	ADJ
fsr-3148	9	20	cds	cd	NOUN
fsr-3148	9	21	)	)	PUNCT
fsr-3148	9	22	,	,	PUNCT
fsr-3148	9	23	also	also	ADV
fsr-3148	9	24	referred	refer	VERB
fsr-3148	9	25	to	to	ADP
fsr-3148	9	26	as	as	ADP
fsr-3148	9	27	“	"	PUNCT
fsr-3148	9	28	market	market	NOUN
fsr-3148	9	29	-	-	PUNCT
fsr-3148	9	30	linked	link	VERB
fsr-3148	9	31	cds	cd	NOUN
fsr-3148	9	32	,	,	PUNCT
fsr-3148	9	33	”	"	PUNCT
fsr-3148	9	34	“	"	PUNCT
fsr-3148	9	35	equity	equity	NOUN
fsr-3148	9	36	-	-	PUNCT
fsr-3148	9	37	linked	link	VERB
fsr-3148	9	38	cds	cd	NOUN
fsr-3148	9	39	,	,	PUNCT
fsr-3148	9	40	”	"	PUNCT
fsr-3148	9	41	and	and	CCONJ
fsr-3148	9	42	“	"	PUNCT
fsr-3148	9	43	contingent	contingent	ADJ
fsr-3148	9	44	interest	interest	NOUN
fsr-3148	9	45	cds	cd	NOUN
fsr-3148	9	46	,	,	PUNCT
fsr-3148	9	47	”	"	PUNCT
fsr-3148	9	48	have	have	AUX
fsr-3148	9	49	existed	exist	VERB
fsr-3148	9	50	since	since	SCONJ
fsr-3148	9	51	the	the	DET
fsr-3148	9	52	late	late	ADJ
fsr-3148	9	53	1980s	1980s	NUM
fsr-3148	9	54	.	.	PUNCT
fsr-3148	10	1	structured	structured	ADJ
fsr-3148	10	2	cds	cd	NOUN
fsr-3148	10	3	are	be	AUX
fsr-3148	10	4	fdic	fdic	ADJ
fsr-3148	10	5	insured	insure	VERB
fsr-3148	10	6	deposits	deposit	NOUN
fsr-3148	10	7	with	with	ADP
fsr-3148	10	8	interest	interest	NOUN
fsr-3148	10	9	payments	payment	NOUN
fsr-3148	10	10	that	that	PRON
fsr-3148	10	11	are	be	AUX
fsr-3148	10	12	contingent	contingent	ADJ
fsr-3148	10	13	upon	upon	SCONJ
fsr-3148	10	14	changes	change	NOUN
fsr-3148	10	15	in	in	ADP
fsr-3148	10	16	the	the	DET
fsr-3148	10	17	levels	level	NOUN
fsr-3148	10	18	of	of	ADP
fsr-3148	10	19	indexes	index	NOUN
fsr-3148	10	20	,	,	PUNCT
fsr-3148	10	21	individual	individual	ADJ
fsr-3148	10	22	equities	equity	NOUN
fsr-3148	10	23	,	,	PUNCT
fsr-3148	10	24	and	and	CCONJ
fsr-3148	10	25	interest	interest	NOUN
fsr-3148	10	26	rates	rate	NOUN
fsr-3148	10	27	,	,	PUNCT
fsr-3148	10	28	or	or	CCONJ
fsr-3148	10	29	combinations	combination	NOUN
fsr-3148	10	30	of	of	ADP
fsr-3148	10	31	indexes	index	NOUN
fsr-3148	10	32	,	,	PUNCT
fsr-3148	10	33	individual	individual	ADJ
fsr-3148	10	34	equities	equity	NOUN
fsr-3148	10	35	,	,	PUNCT
fsr-3148	10	36	and	and	CCONJ
fsr-3148	10	37	interest	interest	NOUN
fsr-3148	10	38	rates	rate	NOUN
fsr-3148	10	39	.	.	PUNCT
fsr-3148	11	1	*	*	PUNCT
fsr-3148	11	2	corresponding	correspond	VERB
fsr-3148	11	3	author	author	NOUN
fsr-3148	11	4	.	.	PUNCT
fsr-3148	12	1	tel	tel	PROPN
fsr-3148	12	2	.	.	PUNCT
fsr-3148	12	3	:	:	PUNCT
fsr-3148	13	1	�	�	PROPN
fsr-3148	13	2	1	1	NUM
fsr-3148	13	3	-	-	SYM
fsr-3148	13	4	703	703	NUM
fsr-3148	13	5	-	-	PUNCT
fsr-3148	13	6	246	246	NUM
fsr-3148	13	7	-	-	PUNCT
fsr-3148	13	8	9381	9381	NUM
fsr-3148	13	9	;	;	PUNCT
fsr-3148	13	10	fax	fax	NOUN
fsr-3148	13	11	:	:	PUNCT
fsr-3148	13	12	�	�	PROPN
fsr-3148	13	13	1	1	NUM
fsr-3148	13	14	-	-	SYM
fsr-3148	13	15	703	703	NUM
fsr-3148	13	16	-	-	PUNCT
fsr-3148	13	17	246	246	NUM
fsr-3148	13	18	-	-	PUNCT
fsr-3148	13	19	9387	9387	NUM
fsr-3148	13	20	.	.	PUNCT
fsr-3148	14	1	e	e	X
fsr-3148	14	2	-	-	NOUN
fsr-3148	14	3	mail	mail	NOUN
fsr-3148	14	4	address	address	NOUN
fsr-3148	14	5	:	:	PUNCT
fsr-3148	14	6	craigmccann@slcg.com	craigmccann@slcg.com	X
fsr-3148	15	1	(	(	PUNCT
fsr-3148	15	2	c.	c.	PROPN
fsr-3148	15	3	mccann	mccann	PROPN
fsr-3148	15	4	)	)	PUNCT
fsr-3148	15	5	financial	financial	ADJ
fsr-3148	15	6	services	service	NOUN
fsr-3148	15	7	review	review	VERB
fsr-3148	15	8	23	23	NUM
fsr-3148	15	9	(	(	PUNCT
fsr-3148	15	10	2014	2014	NUM
fsr-3148	15	11	)	)	PUNCT
fsr-3148	16	1	219–237	219–237	NUM
fsr-3148	16	2	1057	1057	NUM
fsr-3148	16	3	-	-	SYM
fsr-3148	16	4	0810/14/$	0810/14/$	NUM
fsr-3148	16	5	–	–	PUNCT
fsr-3148	16	6	see	see	VERB
fsr-3148	16	7	front	front	ADJ
fsr-3148	16	8	matter	matter	NOUN
fsr-3148	16	9	©	©	PROPN
fsr-3148	16	10	2014	2014	NUM
fsr-3148	16	11	academy	academy	NOUN
fsr-3148	16	12	of	of	ADP
fsr-3148	16	13	financial	financial	ADJ
fsr-3148	16	14	services	service	NOUN
fsr-3148	16	15	.	.	PUNCT
fsr-3148	17	1	all	all	DET
fsr-3148	17	2	rights	right	NOUN
fsr-3148	17	3	reserved	reserve	VERB
fsr-3148	17	4	.	.	PUNCT
fsr-3148	18	1	because	because	SCONJ
fsr-3148	18	2	structured	structured	ADJ
fsr-3148	18	3	cds	cd	NOUN
fsr-3148	18	4	are	be	AUX
fsr-3148	18	5	not	not	PART
fsr-3148	18	6	securities	security	NOUN
fsr-3148	18	7	registered	register	VERB
fsr-3148	18	8	with	with	ADP
fsr-3148	18	9	the	the	DET
fsr-3148	18	10	sec	sec	PROPN
fsr-3148	18	11	,	,	PUNCT
fsr-3148	18	12	the	the	DET
fsr-3148	18	13	size	size	NOUN
fsr-3148	18	14	of	of	ADP
fsr-3148	18	15	the	the	DET
fsr-3148	18	16	structured	structured	ADJ
fsr-3148	18	17	cd	cd	NOUN
fsr-3148	18	18	market	market	NOUN
fsr-3148	18	19	is	be	AUX
fsr-3148	18	20	not	not	PART
fsr-3148	18	21	clear	clear	ADJ
fsr-3148	18	22	,	,	PUNCT
fsr-3148	18	23	but	but	CCONJ
fsr-3148	18	24	has	have	AUX
fsr-3148	18	25	been	be	AUX
fsr-3148	18	26	estimated	estimate	VERB
fsr-3148	18	27	to	to	PART
fsr-3148	18	28	be	be	AUX
fsr-3148	18	29	in	in	ADP
fsr-3148	18	30	the	the	DET
fsr-3148	18	31	tens	ten	NOUN
fsr-3148	18	32	of	of	ADP
fsr-3148	18	33	billions	billion	NOUN
fsr-3148	18	34	of	of	ADP
fsr-3148	18	35	dollars	dollar	NOUN
fsr-3148	18	36	annually	annually	ADV
fsr-3148	18	37	and	and	CCONJ
fsr-3148	18	38	growing.1	growing.1	PROPN
fsr-3148	18	39	investors	investor	NOUN
fsr-3148	18	40	in	in	ADP
fsr-3148	18	41	structured	structured	ADJ
fsr-3148	18	42	cds	cd	NOUN
fsr-3148	18	43	have	have	AUX
fsr-3148	18	44	been	be	AUX
fsr-3148	18	45	described	describe	VERB
fsr-3148	18	46	as	as	ADP
fsr-3148	18	47	“	"	PUNCT
fsr-3148	18	48	riskaverse	riskaverse	NOUN
fsr-3148	18	49	”	"	PUNCT
fsr-3148	18	50	and	and	CCONJ
fsr-3148	18	51	“	"	PUNCT
fsr-3148	18	52	conservative	conservative	ADJ
fsr-3148	18	53	,	,	PUNCT
fsr-3148	18	54	”	"	PUNCT
fsr-3148	18	55	but	but	CCONJ
fsr-3148	18	56	“	"	PUNCT
fsr-3148	18	57	dissatisfied	dissatisfied	ADJ
fsr-3148	18	58	with	with	ADP
fsr-3148	18	59	the	the	DET
fsr-3148	18	60	rates	rate	NOUN
fsr-3148	18	61	available	available	ADJ
fsr-3148	18	62	in	in	ADP
fsr-3148	18	63	the	the	DET
fsr-3148	18	64	traditional	traditional	ADJ
fsr-3148	18	65	fixed	fix	VERB
fsr-3148	18	66	-	-	PUNCT
fsr-3148	18	67	income	income	NOUN
fsr-3148	18	68	space	space	NOUN
fsr-3148	18	69	.	.	PUNCT
fsr-3148	18	70	”2	”2	PUNCT
fsr-3148	19	1	a	a	DET
fsr-3148	19	2	recent	recent	ADJ
fsr-3148	19	3	study	study	NOUN
fsr-3148	19	4	conducted	conduct	VERB
fsr-3148	19	5	by	by	ADP
fsr-3148	19	6	the	the	DET
fsr-3148	19	7	international	international	ADJ
fsr-3148	19	8	organization	organization	NOUN
fsr-3148	19	9	of	of	ADP
fsr-3148	19	10	securities	security	NOUN
fsr-3148	19	11	commissions	commission	NOUN
fsr-3148	19	12	found	find	VERB
fsr-3148	19	13	that	that	SCONJ
fsr-3148	19	14	,	,	PUNCT
fsr-3148	19	15	at	at	ADP
fsr-3148	19	16	least	least	ADJ
fsr-3148	19	17	in	in	ADP
fsr-3148	19	18	the	the	DET
fsr-3148	19	19	united	united	ADJ
fsr-3148	19	20	kingdom	kingdom	PROPN
fsr-3148	19	21	,	,	PUNCT
fsr-3148	19	22	structured	structure	VERB
fsr-3148	19	23	cd	cd	PROPN
fsr-3148	19	24	investors	investor	NOUN
fsr-3148	19	25	were	be	AUX
fsr-3148	19	26	typically	typically	ADV
fsr-3148	19	27	over	over	ADP
fsr-3148	19	28	55	55	NUM
fsr-3148	19	29	or	or	CCONJ
fsr-3148	19	30	under	under	ADP
fsr-3148	19	31	35	35	NUM
fsr-3148	19	32	with	with	ADP
fsr-3148	19	33	high	high	ADJ
fsr-3148	19	34	household	household	NOUN
fsr-3148	19	35	income.3	income.3	ADP
fsr-3148	19	36	market	market	NOUN
fsr-3148	19	37	observers	observer	NOUN
fsr-3148	19	38	suggest	suggest	VERB
fsr-3148	19	39	that	that	SCONJ
fsr-3148	19	40	banks	bank	NOUN
fsr-3148	19	41	are	be	AUX
fsr-3148	19	42	issuing	issue	VERB
fsr-3148	19	43	increasing	increase	VERB
fsr-3148	19	44	quantities	quantity	NOUN
fsr-3148	19	45	of	of	ADP
fsr-3148	19	46	structured	structured	ADJ
fsr-3148	19	47	cds	cd	NOUN
fsr-3148	19	48	to	to	PART
fsr-3148	19	49	compete	compete	VERB
fsr-3148	19	50	with	with	ADP
fsr-3148	19	51	the	the	DET
fsr-3148	19	52	low	low	ADJ
fsr-3148	19	53	yield	yield	NOUN
fsr-3148	19	54	on	on	ADP
fsr-3148	19	55	traditional	traditional	ADJ
fsr-3148	19	56	cds	cd	NOUN
fsr-3148	19	57	and	and	CCONJ
fsr-3148	19	58	treasury	treasury	PROPN
fsr-3148	19	59	securities	security	NOUN
fsr-3148	19	60	.	.	PUNCT
fsr-3148	20	1	these	these	DET
fsr-3148	20	2	reports	report	NOUN
fsr-3148	20	3	suggest	suggest	VERB
fsr-3148	20	4	that	that	SCONJ
fsr-3148	20	5	structured	structured	ADJ
fsr-3148	20	6	cds	cd	NOUN
fsr-3148	20	7	are	be	AUX
fsr-3148	20	8	primarily	primarily	ADV
fsr-3148	20	9	being	be	AUX
fsr-3148	20	10	offered	offer	VERB
fsr-3148	20	11	to	to	ADP
fsr-3148	20	12	individual	individual	ADJ
fsr-3148	20	13	investors	investor	NOUN
fsr-3148	20	14	.	.	PUNCT
fsr-3148	21	1	offering	offer	VERB
fsr-3148	21	2	documents	document	NOUN
fsr-3148	21	3	and	and	CCONJ
fsr-3148	21	4	marketing	marketing	NOUN
fsr-3148	21	5	materials	material	NOUN
fsr-3148	21	6	for	for	ADP
fsr-3148	21	7	structured	structured	ADJ
fsr-3148	21	8	cds	cd	NOUN
fsr-3148	21	9	also	also	ADV
fsr-3148	21	10	suggest	suggest	VERB
fsr-3148	21	11	that	that	SCONJ
fsr-3148	21	12	they	they	PRON
fsr-3148	21	13	are	be	AUX
fsr-3148	21	14	being	be	AUX
fsr-3148	21	15	sold	sell	VERB
fsr-3148	21	16	through	through	ADP
fsr-3148	21	17	financial	financial	ADJ
fsr-3148	21	18	advisors	advisor	NOUN
fsr-3148	21	19	to	to	ADP
fsr-3148	21	20	individual	individual	ADJ
fsr-3148	21	21	investors	investor	NOUN
fsr-3148	21	22	.	.	PUNCT
fsr-3148	22	1	although	although	SCONJ
fsr-3148	22	2	they	they	PRON
fsr-3148	22	3	are	be	AUX
fsr-3148	22	4	often	often	ADV
fsr-3148	22	5	marketed	market	VERB
fsr-3148	22	6	alongside	alongside	ADP
fsr-3148	22	7	structured	structured	ADJ
fsr-3148	22	8	notes	note	NOUN
fsr-3148	22	9	and	and	CCONJ
fsr-3148	22	10	other	other	ADJ
fsr-3148	22	11	retail	retail	ADJ
fsr-3148	22	12	investments	investment	NOUN
fsr-3148	22	13	,	,	PUNCT
fsr-3148	22	14	they	they	PRON
fsr-3148	22	15	can	can	AUX
fsr-3148	22	16	also	also	ADV
fsr-3148	22	17	be	be	AUX
fsr-3148	22	18	sold	sell	VERB
fsr-3148	22	19	at	at	ADP
fsr-3148	22	20	or	or	CCONJ
fsr-3148	22	21	through	through	ADP
fsr-3148	22	22	local	local	ADJ
fsr-3148	22	23	banks	bank	NOUN
fsr-3148	22	24	,	,	PUNCT
fsr-3148	22	25	potentially	potentially	ADV
fsr-3148	22	26	bypassing	bypass	VERB
fsr-3148	22	27	regulatory	regulatory	ADJ
fsr-3148	22	28	requirements	requirement	NOUN
fsr-3148	22	29	of	of	ADP
fsr-3148	22	30	brokers	broker	NOUN
fsr-3148	22	31	and	and	CCONJ
fsr-3148	22	32	financial	financial	ADJ
fsr-3148	22	33	advisors	advisor	NOUN
fsr-3148	22	34	.	.	PUNCT
fsr-3148	23	1	there	there	PRON
fsr-3148	23	2	remains	remain	VERB
fsr-3148	23	3	a	a	DET
fsr-3148	23	4	degree	degree	NOUN
fsr-3148	23	5	of	of	ADP
fsr-3148	23	6	regulatory	regulatory	ADJ
fsr-3148	23	7	uncertainty	uncertainty	NOUN
fsr-3148	23	8	regarding	regard	VERB
fsr-3148	23	9	structured	structured	ADJ
fsr-3148	23	10	cds	cd	NOUN
fsr-3148	23	11	,	,	PUNCT
fsr-3148	23	12	which	which	PRON
fsr-3148	23	13	could	could	AUX
fsr-3148	23	14	lead	lead	VERB
fsr-3148	23	15	to	to	ADP
fsr-3148	23	16	unique	unique	ADJ
fsr-3148	23	17	risks	risk	NOUN
fsr-3148	23	18	and	and	CCONJ
fsr-3148	23	19	inappropriate	inappropriate	ADJ
fsr-3148	23	20	sales	sale	NOUN
fsr-3148	23	21	to	to	ADP
fsr-3148	23	22	investors	investor	NOUN
fsr-3148	23	23	.	.	PUNCT
fsr-3148	24	1	the	the	DET
fsr-3148	24	2	academic	academic	ADJ
fsr-3148	24	3	and	and	CCONJ
fsr-3148	24	4	practitioner	practitioner	NOUN
fsr-3148	24	5	literature	literature	NOUN
fsr-3148	24	6	on	on	ADP
fsr-3148	24	7	structured	structured	ADJ
fsr-3148	24	8	cds	cd	NOUN
fsr-3148	24	9	is	be	AUX
fsr-3148	24	10	sparse	sparse	ADJ
fsr-3148	24	11	compared	compare	VERB
fsr-3148	24	12	with	with	ADP
fsr-3148	24	13	the	the	DET
fsr-3148	24	14	considerable	considerable	ADJ
fsr-3148	24	15	body	body	NOUN
fsr-3148	24	16	of	of	ADP
fsr-3148	24	17	theoretical	theoretical	ADJ
fsr-3148	24	18	and	and	CCONJ
fsr-3148	24	19	empirical	empirical	ADJ
fsr-3148	24	20	work	work	NOUN
fsr-3148	24	21	for	for	ADP
fsr-3148	24	22	structured	structure	VERB
fsr-3148	24	23	products.4	products.4	PROPN
fsr-3148	24	24	king	king	NOUN
fsr-3148	24	25	and	and	CCONJ
fsr-3148	24	26	remolona	remolona	NOUN
fsr-3148	24	27	(	(	PUNCT
fsr-3148	24	28	1987	1987	NUM
fsr-3148	24	29	)	)	PUNCT
fsr-3148	25	1	showed	show	VERB
fsr-3148	25	2	that	that	SCONJ
fsr-3148	25	3	banks	bank	NOUN
fsr-3148	25	4	can	can	AUX
fsr-3148	25	5	typically	typically	ADV
fsr-3148	25	6	hedge	hedge	VERB
fsr-3148	25	7	structured	structure	VERB
fsr-3148	25	8	cds	cd	NOUN
fsr-3148	25	9	efficiently	efficiently	ADV
fsr-3148	25	10	using	use	VERB
fsr-3148	25	11	exchange	exchange	NOUN
fsr-3148	25	12	-	-	PUNCT
fsr-3148	25	13	traded	trade	VERB
fsr-3148	25	14	or	or	CCONJ
fsr-3148	25	15	synthetic	synthetic	ADJ
fsr-3148	25	16	options	option	NOUN
fsr-3148	25	17	matching	match	VERB
fsr-3148	25	18	the	the	DET
fsr-3148	25	19	payout	payout	NOUN
fsr-3148	25	20	of	of	ADP
fsr-3148	25	21	the	the	DET
fsr-3148	25	22	structured	structured	ADJ
fsr-3148	25	23	cd.5	cd.5	NUM
fsr-3148	25	24	chance	chance	NOUN
fsr-3148	25	25	and	and	CCONJ
fsr-3148	25	26	broughton	broughton	PROPN
fsr-3148	25	27	(	(	PUNCT
fsr-3148	25	28	1988	1988	NUM
fsr-3148	25	29	)	)	PUNCT
fsr-3148	25	30	provided	provide	VERB
fsr-3148	25	31	additional	additional	ADJ
fsr-3148	25	32	analysis	analysis	NOUN
fsr-3148	25	33	and	and	CCONJ
fsr-3148	25	34	interpretation	interpretation	NOUN
fsr-3148	25	35	of	of	ADP
fsr-3148	25	36	these	these	DET
fsr-3148	25	37	products	product	NOUN
fsr-3148	25	38	.	.	PUNCT
fsr-3148	26	1	more	more	ADV
fsr-3148	26	2	recently	recently	ADV
fsr-3148	26	3	,	,	PUNCT
fsr-3148	26	4	edwards	edwards	PROPN
fsr-3148	26	5	and	and	CCONJ
fsr-3148	26	6	swidler	swidler	NOUN
fsr-3148	26	7	(	(	PUNCT
fsr-3148	26	8	2005	2005	NUM
fsr-3148	26	9	)	)	PUNCT
fsr-3148	26	10	argue	argue	VERB
fsr-3148	26	11	that	that	SCONJ
fsr-3148	26	12	equity	equity	NOUN
fsr-3148	26	13	-	-	PUNCT
fsr-3148	26	14	linked	link	VERB
fsr-3148	26	15	structured	structured	ADJ
fsr-3148	26	16	cds	cd	NOUN
fsr-3148	26	17	do	do	AUX
fsr-3148	26	18	not	not	PART
fsr-3148	26	19	have	have	VERB
fsr-3148	26	20	equity	equity	NOUN
fsr-3148	26	21	-	-	PUNCT
fsr-3148	26	22	like	like	ADJ
fsr-3148	26	23	returns	return	NOUN
fsr-3148	26	24	.	.	PUNCT
fsr-3148	27	1	unfortunately	unfortunately	ADV
fsr-3148	27	2	,	,	PUNCT
fsr-3148	27	3	these	these	DET
fsr-3148	27	4	studies	study	NOUN
fsr-3148	27	5	analyzed	analyze	VERB
fsr-3148	27	6	only	only	ADV
fsr-3148	27	7	a	a	DET
fsr-3148	27	8	few	few	ADJ
fsr-3148	27	9	structured	structured	ADJ
fsr-3148	27	10	cd	cd	NOUN
fsr-3148	27	11	types	type	NOUN
fsr-3148	27	12	and	and	CCONJ
fsr-3148	27	13	did	do	AUX
fsr-3148	27	14	not	not	PART
fsr-3148	27	15	value	value	VERB
fsr-3148	27	16	a	a	DET
fsr-3148	27	17	significant	significant	ADJ
fsr-3148	27	18	number	number	NOUN
fsr-3148	27	19	of	of	ADP
fsr-3148	27	20	actual	actual	ADJ
fsr-3148	27	21	products	product	NOUN
fsr-3148	27	22	.	.	PUNCT
fsr-3148	28	1	given	give	VERB
fsr-3148	28	2	these	these	DET
fsr-3148	28	3	substantial	substantial	ADJ
fsr-3148	28	4	risks	risk	NOUN
fsr-3148	28	5	and	and	CCONJ
fsr-3148	28	6	the	the	DET
fsr-3148	28	7	lack	lack	NOUN
fsr-3148	28	8	of	of	ADP
fsr-3148	28	9	an	an	DET
fsr-3148	28	10	established	establish	VERB
fsr-3148	28	11	literature	literature	NOUN
fsr-3148	28	12	for	for	ADP
fsr-3148	28	13	this	this	DET
fsr-3148	28	14	type	type	NOUN
fsr-3148	28	15	of	of	ADP
fsr-3148	28	16	investment	investment	NOUN
fsr-3148	28	17	,	,	PUNCT
fsr-3148	28	18	investors	investor	NOUN
fsr-3148	28	19	and	and	CCONJ
fsr-3148	28	20	financial	financial	ADJ
fsr-3148	28	21	advisors	advisor	NOUN
fsr-3148	28	22	may	may	AUX
fsr-3148	28	23	not	not	PART
fsr-3148	28	24	fully	fully	ADV
fsr-3148	28	25	understand	understand	VERB
fsr-3148	28	26	these	these	DET
fsr-3148	28	27	highly	highly	ADV
fsr-3148	28	28	complex	complex	ADJ
fsr-3148	28	29	products	product	NOUN
fsr-3148	28	30	.	.	PUNCT
fsr-3148	29	1	as	as	ADP
fsr-3148	29	2	with	with	ADP
fsr-3148	29	3	structured	structured	ADJ
fsr-3148	29	4	products	product	NOUN
fsr-3148	29	5	,	,	PUNCT
fsr-3148	29	6	the	the	DET
fsr-3148	29	7	customizability	customizability	NOUN
fsr-3148	29	8	of	of	ADP
fsr-3148	29	9	structured	structured	ADJ
fsr-3148	29	10	cds	cd	NOUN
fsr-3148	29	11	allows	allow	VERB
fsr-3148	29	12	issuers	issuer	NOUN
fsr-3148	29	13	to	to	PART
fsr-3148	29	14	charge	charge	VERB
fsr-3148	29	15	additional	additional	ADJ
fsr-3148	29	16	gross	gross	ADJ
fsr-3148	29	17	margin	margin	NOUN
fsr-3148	29	18	into	into	ADP
fsr-3148	29	19	the	the	DET
fsr-3148	29	20	product	product	NOUN
fsr-3148	29	21	without	without	ADP
fsr-3148	29	22	explicitly	explicitly	ADV
fsr-3148	29	23	stating	state	VERB
fsr-3148	29	24	their	their	PRON
fsr-3148	29	25	impact	impact	NOUN
fsr-3148	29	26	as	as	ADP
fsr-3148	29	27	commissions	commission	NOUN
fsr-3148	29	28	and	and	CCONJ
fsr-3148	29	29	fees	fee	NOUN
fsr-3148	29	30	.	.	PUNCT
fsr-3148	30	1	fees	fee	NOUN
fsr-3148	30	2	on	on	ADP
fsr-3148	30	3	structured	structured	ADJ
fsr-3148	30	4	cds	cd	NOUN
fsr-3148	30	5	are	be	AUX
fsr-3148	30	6	often	often	ADV
fsr-3148	30	7	between	between	ADP
fsr-3148	30	8	3	3	NUM
fsr-3148	30	9	%	%	NOUN
fsr-3148	30	10	and	and	CCONJ
fsr-3148	30	11	4	4	NUM
fsr-3148	30	12	%	%	NOUN
fsr-3148	30	13	,	,	PUNCT
fsr-3148	30	14	and	and	CCONJ
fsr-3148	30	15	we	we	PRON
fsr-3148	30	16	have	have	AUX
fsr-3148	30	17	observed	observe	VERB
fsr-3148	30	18	all	all	ADV
fsr-3148	30	19	-	-	PUNCT
fsr-3148	30	20	in	in	ADP
fsr-3148	30	21	fees	fee	NOUN
fsr-3148	30	22	as	as	ADV
fsr-3148	30	23	high	high	ADJ
fsr-3148	30	24	as	as	ADP
fsr-3148	30	25	8	8	NUM
fsr-3148	30	26	%	%	NOUN
fsr-3148	30	27	,	,	PUNCT
fsr-3148	30	28	but	but	CCONJ
fsr-3148	30	29	could	could	AUX
fsr-3148	30	30	effectively	effectively	ADV
fsr-3148	30	31	be	be	AUX
fsr-3148	30	32	higher	high	ADJ
fsr-3148	30	33	because	because	SCONJ
fsr-3148	30	34	of	of	ADP
fsr-3148	30	35	mispricing	mispricing	NOUN
fsr-3148	30	36	of	of	ADP
fsr-3148	30	37	the	the	DET
fsr-3148	30	38	embedded	embed	VERB
fsr-3148	30	39	options	option	NOUN
fsr-3148	30	40	.	.	PUNCT
fsr-3148	31	1	financial	financial	ADJ
fsr-3148	31	2	advisors	advisor	NOUN
fsr-3148	31	3	should	should	AUX
fsr-3148	31	4	recognize	recognize	VERB
fsr-3148	31	5	the	the	DET
fsr-3148	31	6	potential	potential	NOUN
fsr-3148	31	7	for	for	ADP
fsr-3148	31	8	this	this	DET
fsr-3148	31	9	form	form	NOUN
fsr-3148	31	10	of	of	ADP
fsr-3148	31	11	mispricing	misprice	VERB
fsr-3148	31	12	and	and	CCONJ
fsr-3148	31	13	the	the	DET
fsr-3148	31	14	features	feature	NOUN
fsr-3148	31	15	that	that	PRON
fsr-3148	31	16	can	can	AUX
fsr-3148	31	17	exacerbate	exacerbate	VERB
fsr-3148	31	18	it	it	PRON
fsr-3148	31	19	.	.	PUNCT
fsr-3148	32	1	in	in	ADP
fsr-3148	32	2	addition	addition	NOUN
fsr-3148	32	3	,	,	PUNCT
fsr-3148	32	4	investors	investor	NOUN
fsr-3148	32	5	and	and	CCONJ
fsr-3148	32	6	advisors	advisor	NOUN
fsr-3148	32	7	should	should	AUX
fsr-3148	32	8	recognize	recognize	VERB
fsr-3148	32	9	that	that	SCONJ
fsr-3148	32	10	structured	structure	VERB
fsr-3148	32	11	cds	cd	NOUN
fsr-3148	32	12	typically	typically	ADV
fsr-3148	32	13	carry	carry	VERB
fsr-3148	32	14	fdic	fdic	ADJ
fsr-3148	32	15	insurance	insurance	NOUN
fsr-3148	32	16	,	,	PUNCT
fsr-3148	32	17	but	but	CCONJ
fsr-3148	32	18	are	be	AUX
fsr-3148	32	19	not	not	PART
fsr-3148	32	20	risk	risk	NOUN
fsr-3148	32	21	-	-	PUNCT
fsr-3148	32	22	free	free	ADJ
fsr-3148	32	23	.	.	PUNCT
fsr-3148	33	1	the	the	DET
fsr-3148	33	2	sec	sec	PROPN
fsr-3148	33	3	has	have	AUX
fsr-3148	33	4	outlined	outline	VERB
fsr-3148	33	5	a	a	DET
fsr-3148	33	6	variety	variety	NOUN
fsr-3148	33	7	of	of	ADP
fsr-3148	33	8	risks	risk	NOUN
fsr-3148	33	9	in	in	ADP
fsr-3148	33	10	structured	structured	ADJ
fsr-3148	33	11	cds	cd	NOUN
fsr-3148	33	12	,	,	PUNCT
fsr-3148	33	13	including	include	VERB
fsr-3148	33	14	liquidity	liquidity	NOUN
fsr-3148	33	15	risk	risk	NOUN
fsr-3148	33	16	,	,	PUNCT
fsr-3148	33	17	market	market	NOUN
fsr-3148	33	18	risk	risk	NOUN
fsr-3148	33	19	,	,	PUNCT
fsr-3148	33	20	call	call	VERB
fsr-3148	33	21	risk	risk	NOUN
fsr-3148	33	22	,	,	PUNCT
fsr-3148	33	23	as	as	ADV
fsr-3148	33	24	well	well	ADV
fsr-3148	33	25	as	as	ADP
fsr-3148	33	26	special	special	ADJ
fsr-3148	33	27	tax	tax	NOUN
fsr-3148	33	28	considerations.6	considerations.6	PROPN
fsr-3148	33	29	finra	finra	NOUN
fsr-3148	33	30	is	be	AUX
fsr-3148	33	31	reportedly	reportedly	ADV
fsr-3148	33	32	investigating	investigate	VERB
fsr-3148	33	33	how	how	SCONJ
fsr-3148	33	34	structured	structured	ADJ
fsr-3148	33	35	cds	cd	NOUN
fsr-3148	33	36	are	be	AUX
fsr-3148	33	37	sold	sell	VERB
fsr-3148	33	38	to	to	ADP
fsr-3148	33	39	investors	investor	NOUN
fsr-3148	33	40	given	give	VERB
fsr-3148	33	41	their	their	PRON
fsr-3148	33	42	increasing	increase	VERB
fsr-3148	33	43	complexity	complexity	NOUN
fsr-3148	33	44	and	and	CCONJ
fsr-3148	33	45	market	market	NOUN
fsr-3148	33	46	growth.7	growth.7	PRON
fsr-3148	33	47	the	the	DET
fsr-3148	33	48	fdic	fdic	PROPN
fsr-3148	33	49	has	have	AUX
fsr-3148	33	50	also	also	ADV
fsr-3148	33	51	issued	issue	VERB
fsr-3148	33	52	a	a	DET
fsr-3148	33	53	short	short	ADJ
fsr-3148	33	54	investor	investor	NOUN
fsr-3148	33	55	alert	alert	NOUN
fsr-3148	33	56	on	on	ADP
fsr-3148	33	57	structured	structured	ADJ
fsr-3148	33	58	cds,8	cds,8	NOUN
fsr-3148	33	59	and	and	CCONJ
fsr-3148	33	60	the	the	DET
fsr-3148	33	61	nyse	nyse	PROPN
fsr-3148	33	62	has	have	AUX
fsr-3148	33	63	provided	provide	VERB
fsr-3148	33	64	guidance	guidance	NOUN
fsr-3148	33	65	to	to	ADP
fsr-3148	33	66	issuers	issuer	NOUN
fsr-3148	33	67	regarding	regard	VERB
fsr-3148	33	68	sales	sale	NOUN
fsr-3148	33	69	practices	practice	NOUN
fsr-3148	33	70	and	and	CCONJ
fsr-3148	33	71	disclosures.9	disclosures.9	PROPN
fsr-3148	33	72	however	however	ADV
fsr-3148	33	73	,	,	PUNCT
fsr-3148	33	74	structured	structured	ADJ
fsr-3148	33	75	cds	cd	NOUN
fsr-3148	33	76	remain	remain	VERB
fsr-3148	33	77	relatively	relatively	ADV
fsr-3148	33	78	unexplored	unexplored	ADJ
fsr-3148	33	79	by	by	ADP
fsr-3148	33	80	analysts	analyst	NOUN
fsr-3148	33	81	and	and	CCONJ
fsr-3148	33	82	underreported	underreporte	VERB
fsr-3148	33	83	by	by	ADP
fsr-3148	33	84	the	the	DET
fsr-3148	33	85	financial	financial	ADJ
fsr-3148	33	86	media	medium	NOUN
fsr-3148	33	87	.	.	PUNCT
fsr-3148	34	1	we	we	PRON
fsr-3148	34	2	extend	extend	VERB
fsr-3148	34	3	this	this	DET
fsr-3148	34	4	literature	literature	NOUN
fsr-3148	34	5	by	by	ADP
fsr-3148	34	6	(	(	PUNCT
fsr-3148	34	7	1	1	X
fsr-3148	34	8	)	)	PUNCT
fsr-3148	34	9	describing	describe	VERB
fsr-3148	34	10	the	the	DET
fsr-3148	34	11	market	market	NOUN
fsr-3148	34	12	for	for	ADP
fsr-3148	34	13	structured	structured	ADJ
fsr-3148	34	14	cds	cd	NOUN
fsr-3148	34	15	using	use	VERB
fsr-3148	34	16	a	a	DET
fsr-3148	34	17	sample	sample	NOUN
fsr-3148	34	18	of	of	ADP
fsr-3148	34	19	over	over	ADP
fsr-3148	34	20	2,000	2,000	NUM
fsr-3148	34	21	cds	cd	NOUN
fsr-3148	34	22	;	;	PUNCT
fsr-3148	34	23	(	(	PUNCT
fsr-3148	34	24	2	2	X
fsr-3148	34	25	)	)	PUNCT
fsr-3148	34	26	providing	provide	VERB
fsr-3148	34	27	valuations	valuation	NOUN
fsr-3148	34	28	for	for	ADP
fsr-3148	34	29	four	four	NUM
fsr-3148	34	30	of	of	ADP
fsr-3148	34	31	the	the	DET
fsr-3148	34	32	most	most	ADV
fsr-3148	34	33	common	common	ADJ
fsr-3148	34	34	crediting	crediting	NOUN
fsr-3148	34	35	formulas	formula	NOUN
fsr-3148	34	36	in	in	ADP
fsr-3148	34	37	our	our	PRON
fsr-3148	34	38	sample	sample	NOUN
fsr-3148	34	39	;	;	PUNCT
fsr-3148	34	40	and	and	CCONJ
fsr-3148	34	41	(	(	PUNCT
fsr-3148	34	42	3	3	X
fsr-3148	34	43	)	)	PUNCT
fsr-3148	34	44	valuing	value	VERB
fsr-3148	34	45	over	over	ADP
fsr-3148	34	46	300	300	NUM
fsr-3148	34	47	products	product	NOUN
fsr-3148	34	48	issued	issue	VERB
fsr-3148	34	49	by	by	ADP
fsr-3148	34	50	a	a	DET
fsr-3148	34	51	variety	variety	NOUN
fsr-3148	34	52	of	of	ADP
fsr-3148	34	53	banks	bank	NOUN
fsr-3148	34	54	and	and	CCONJ
fsr-3148	34	55	documenting	document	VERB
fsr-3148	34	56	significant	significant	ADJ
fsr-3148	34	57	discounts	discount	NOUN
fsr-3148	34	58	to	to	PART
fsr-3148	34	59	face	face	NOUN
fsr-3148	34	60	value	value	NOUN
fsr-3148	34	61	.	.	PUNCT
fsr-3148	35	1	our	our	PRON
fsr-3148	35	2	findings	finding	NOUN
fsr-3148	35	3	suggest	suggest	VERB
fsr-3148	35	4	that	that	SCONJ
fsr-3148	35	5	structured	structure	VERB
fsr-3148	35	6	cds	cd	NOUN
fsr-3148	35	7	220	220	NUM
fsr-3148	35	8	g.	g.	PROPN
fsr-3148	35	9	deng	deng	PROPN
fsr-3148	35	10	et	et	PROPN
fsr-3148	35	11	al	al	PROPN
fsr-3148	35	12	.	.	PUNCT
fsr-3148	35	13	/	/	SYM
fsr-3148	35	14	financial	financial	ADJ
fsr-3148	35	15	services	service	NOUN
fsr-3148	35	16	review	review	VERB
fsr-3148	35	17	23	23	NUM
fsr-3148	35	18	(	(	PUNCT
fsr-3148	35	19	2014	2014	NUM
fsr-3148	35	20	)	)	PUNCT
fsr-3148	35	21	219–237	219–237	NUM
fsr-3148	35	22	tend	tend	VERB
fsr-3148	35	23	to	to	PART
fsr-3148	35	24	be	be	AUX
fsr-3148	35	25	worth	worth	ADJ
fsr-3148	35	26	less	less	ADJ
fsr-3148	35	27	than	than	ADP
fsr-3148	35	28	face	face	NOUN
fsr-3148	35	29	value	value	NOUN
fsr-3148	35	30	or	or	CCONJ
fsr-3148	35	31	contemporaneously	contemporaneously	ADV
fsr-3148	35	32	issued	issue	VERB
fsr-3148	35	33	traditional	traditional	ADJ
fsr-3148	35	34	cds	cd	NOUN
fsr-3148	35	35	,	,	PUNCT
fsr-3148	35	36	have	have	VERB
fsr-3148	35	37	a	a	DET
fsr-3148	35	38	high	high	ADJ
fsr-3148	35	39	probability	probability	NOUN
fsr-3148	35	40	of	of	ADP
fsr-3148	35	41	crediting	credit	VERB
fsr-3148	35	42	the	the	DET
fsr-3148	35	43	minimum	minimum	ADJ
fsr-3148	35	44	return	return	NOUN
fsr-3148	35	45	,	,	PUNCT
fsr-3148	35	46	and	and	CCONJ
fsr-3148	35	47	have	have	VERB
fsr-3148	35	48	death	death	NOUN
fsr-3148	35	49	provisions	provision	NOUN
fsr-3148	35	50	that	that	PRON
fsr-3148	35	51	are	be	AUX
fsr-3148	35	52	often	often	ADV
fsr-3148	35	53	of	of	ADP
fsr-3148	35	54	negative	negative	ADJ
fsr-3148	35	55	value	value	NOUN
fsr-3148	35	56	to	to	ADP
fsr-3148	35	57	the	the	DET
fsr-3148	35	58	investor	investor	NOUN
fsr-3148	35	59	.	.	PUNCT
fsr-3148	36	1	these	these	DET
fsr-3148	36	2	properties	property	NOUN
fsr-3148	36	3	would	would	AUX
fsr-3148	36	4	not	not	PART
fsr-3148	36	5	be	be	AUX
fsr-3148	36	6	apparent	apparent	ADJ
fsr-3148	36	7	to	to	ADP
fsr-3148	36	8	retail	retail	ADJ
fsr-3148	36	9	investors	investor	NOUN
fsr-3148	36	10	.	.	PUNCT
fsr-3148	37	1	2	2	X
fsr-3148	37	2	.	.	X
fsr-3148	37	3	the	the	DET
fsr-3148	37	4	market	market	NOUN
fsr-3148	37	5	for	for	ADP
fsr-3148	37	6	structured	structured	ADJ
fsr-3148	37	7	cds	cd	NOUN
fsr-3148	37	8	2.1	2.1	NUM
fsr-3148	37	9	.	.	PUNCT
fsr-3148	38	1	our	our	PRON
fsr-3148	38	2	sample	sample	NOUN
fsr-3148	38	3	of	of	ADP
fsr-3148	38	4	structured	structured	ADJ
fsr-3148	38	5	cd	cd	NOUN
fsr-3148	38	6	we	we	PRON
fsr-3148	38	7	have	have	AUX
fsr-3148	38	8	collected	collect	VERB
fsr-3148	38	9	a	a	DET
fsr-3148	38	10	sample	sample	NOUN
fsr-3148	38	11	of	of	ADP
fsr-3148	38	12	2,072	2,072	NUM
fsr-3148	38	13	structured	structured	ADJ
fsr-3148	38	14	cds	cd	NOUN
fsr-3148	38	15	issued	issue	VERB
fsr-3148	38	16	in	in	ADP
fsr-3148	38	17	the	the	DET
fsr-3148	38	18	past	past	ADJ
fsr-3148	38	19	eight	eight	NUM
fsr-3148	38	20	years.10	years.10	NOUN
fsr-3148	38	21	we	we	PRON
fsr-3148	38	22	searched	search	VERB
fsr-3148	38	23	for	for	ADP
fsr-3148	38	24	cds	cd	NOUN
fsr-3148	38	25	issued	issue	VERB
fsr-3148	38	26	in	in	ADP
fsr-3148	38	27	the	the	DET
fsr-3148	38	28	united	united	PROPN
fsr-3148	38	29	states	states	PROPN
fsr-3148	38	30	with	with	ADP
fsr-3148	38	31	more	more	ADJ
fsr-3148	38	32	than	than	ADP
fsr-3148	38	33	$	$	SYM
fsr-3148	38	34	1,000,000	1,000,000	NUM
fsr-3148	38	35	issued	issue	VERB
fsr-3148	38	36	that	that	PRON
fsr-3148	38	37	reported	report	VERB
fsr-3148	38	38	an	an	DET
fsr-3148	38	39	underlying	underlie	VERB
fsr-3148	38	40	security	security	NOUN
fsr-3148	38	41	to	to	ADP
fsr-3148	38	42	bloomberg	bloomberg	PROPN
fsr-3148	38	43	.	.	PUNCT
fsr-3148	39	1	the	the	DET
fsr-3148	39	2	latter	latter	ADJ
fsr-3148	39	3	requirement	requirement	NOUN
fsr-3148	39	4	confines	confine	NOUN
fsr-3148	39	5	our	our	PRON
fsr-3148	39	6	sample	sample	NOUN
fsr-3148	39	7	to	to	ADP
fsr-3148	39	8	structured	structured	ADJ
fsr-3148	39	9	cds	cd	NOUN
fsr-3148	39	10	linked	link	VERB
fsr-3148	39	11	to	to	ADP
fsr-3148	39	12	equities	equity	NOUN
fsr-3148	39	13	,	,	PUNCT
fsr-3148	39	14	commodities	commodity	NOUN
fsr-3148	39	15	,	,	PUNCT
fsr-3148	39	16	and	and	CCONJ
fsr-3148	39	17	other	other	ADJ
fsr-3148	39	18	tangible	tangible	ADJ
fsr-3148	39	19	assets	asset	NOUN
fsr-3148	39	20	,	,	PUNCT
fsr-3148	39	21	and	and	CCONJ
fsr-3148	39	22	therefore	therefore	ADV
fsr-3148	39	23	,	,	PUNCT
fsr-3148	39	24	excludes	exclude	VERB
fsr-3148	39	25	structured	structure	VERB
fsr-3148	39	26	cds	cd	NOUN
fsr-3148	39	27	linked	link	VERB
fsr-3148	39	28	to	to	ADP
fsr-3148	39	29	interest	interest	NOUN
fsr-3148	39	30	rates	rate	NOUN
fsr-3148	39	31	,	,	PUNCT
fsr-3148	39	32	such	such	ADJ
fsr-3148	39	33	as	as	ADP
fsr-3148	39	34	steepener	steepener	NOUN
fsr-3148	39	35	and	and	CCONJ
fsr-3148	39	36	range	range	VERB
fsr-3148	39	37	accrual	accrual	ADJ
fsr-3148	39	38	cds	cd	NOUN
fsr-3148	39	39	.	.	PUNCT
fsr-3148	40	1	although	although	SCONJ
fsr-3148	40	2	we	we	PRON
fsr-3148	40	3	collected	collect	VERB
fsr-3148	40	4	products	product	NOUN
fsr-3148	40	5	from	from	ADP
fsr-3148	40	6	as	as	ADV
fsr-3148	40	7	early	early	ADV
fsr-3148	40	8	as	as	ADP
fsr-3148	40	9	2005	2005	NUM
fsr-3148	40	10	,	,	PUNCT
fsr-3148	40	11	our	our	PRON
fsr-3148	40	12	sample	sample	NOUN
fsr-3148	40	13	is	be	AUX
fsr-3148	40	14	heavily	heavily	ADV
fsr-3148	40	15	concentrated	concentrated	ADJ
fsr-3148	40	16	in	in	ADP
fsr-3148	40	17	2009	2009	NUM
fsr-3148	40	18	–	–	PUNCT
fsr-3148	40	19	2013	2013	NUM
fsr-3148	40	20	.	.	PUNCT
fsr-3148	41	1	both	both	DET
fsr-3148	41	2	the	the	DET
fsr-3148	41	3	weighted	weight	VERB
fsr-3148	41	4	average	average	ADJ
fsr-3148	41	5	term	term	NOUN
fsr-3148	41	6	—	—	PUNCT
fsr-3148	41	7	weighted	weight	VERB
fsr-3148	41	8	by	by	ADP
fsr-3148	41	9	amount	amount	NOUN
fsr-3148	41	10	outstanding	outstanding	ADJ
fsr-3148	41	11	—	—	PUNCT
fsr-3148	41	12	and	and	CCONJ
fsr-3148	41	13	simple	simple	ADJ
fsr-3148	41	14	average	average	NOUN
fsr-3148	41	15	for	for	ADP
fsr-3148	41	16	the	the	DET
fsr-3148	41	17	structured	structured	ADJ
fsr-3148	41	18	cds	cd	NOUN
fsr-3148	41	19	in	in	ADP
fsr-3148	41	20	our	our	PRON
fsr-3148	41	21	sample	sample	NOUN
fsr-3148	41	22	is	be	AUX
fsr-3148	41	23	5.8	5.8	NUM
fsr-3148	41	24	years	year	NOUN
fsr-3148	41	25	.	.	PUNCT
fsr-3148	42	1	table	table	NOUN
fsr-3148	42	2	1	1	NUM
fsr-3148	42	3	summarizes	summarize	NOUN
fsr-3148	42	4	our	our	PRON
fsr-3148	42	5	sample	sample	NOUN
fsr-3148	42	6	by	by	ADP
fsr-3148	42	7	issuing	issue	VERB
fsr-3148	42	8	bank.11	bank.11	NOUN
fsr-3148	42	9	although	although	SCONJ
fsr-3148	42	10	other	other	ADJ
fsr-3148	42	11	banks	bank	NOUN
fsr-3148	42	12	’	'	PUNCT
fsr-3148	42	13	average	average	ADJ
fsr-3148	42	14	issue	issue	NOUN
fsr-3148	42	15	size	size	NOUN
fsr-3148	42	16	ranges	range	VERB
fsr-3148	42	17	from	from	ADP
fsr-3148	42	18	$	$	SYM
fsr-3148	42	19	1.3	1.3	NUM
fsr-3148	42	20	million	million	NUM
fsr-3148	42	21	to	to	PART
fsr-3148	42	22	$	$	SYM
fsr-3148	42	23	16	16	NUM
fsr-3148	42	24	million	million	NUM
fsr-3148	42	25	,	,	PUNCT
fsr-3148	42	26	bank	bank	PROPN
fsr-3148	42	27	of	of	ADP
fsr-3148	42	28	america	america	PROPN
fsr-3148	42	29	has	have	VERB
fsr-3148	42	30	the	the	DET
fsr-3148	42	31	largest	large	ADJ
fsr-3148	42	32	average	average	ADJ
fsr-3148	42	33	issue	issue	NOUN
fsr-3148	42	34	size	size	NOUN
fsr-3148	42	35	(	(	PUNCT
fsr-3148	42	36	$	$	SYM
fsr-3148	42	37	81.6	81.6	NUM
fsr-3148	42	38	million	million	NUM
fsr-3148	42	39	)	)	PUNCT
fsr-3148	42	40	.	.	PUNCT
fsr-3148	43	1	bank	bank	PROPN
fsr-3148	43	2	of	of	ADP
fsr-3148	43	3	america	america	PROPN
fsr-3148	43	4	’s	’s	PART
fsr-3148	43	5	large	large	ADJ
fsr-3148	43	6	average	average	ADJ
fsr-3148	43	7	issue	issue	NOUN
fsr-3148	43	8	size	size	NOUN
fsr-3148	43	9	is	be	AUX
fsr-3148	43	10	because	because	SCONJ
fsr-3148	43	11	of	of	ADP
fsr-3148	43	12	several	several	ADJ
fsr-3148	43	13	large	large	ADJ
fsr-3148	43	14	deals	deal	NOUN
fsr-3148	43	15	including	include	VERB
fsr-3148	43	16	a	a	DET
fsr-3148	43	17	billion	billion	NUM
fsr-3148	43	18	dollar	dollar	NOUN
fsr-3148	43	19	structured	structure	VERB
fsr-3148	43	20	cd	cd	PROPN
fsr-3148	43	21	(	(	PUNCT
fsr-3148	43	22	cusip	cusip	PROPN
fsr-3148	43	23	:	:	PUNCT
fsr-3148	43	24	06051acf7	06051acf7	NOUN
fsr-3148	43	25	)	)	PUNCT
fsr-3148	43	26	issued	issue	VERB
fsr-3148	43	27	in	in	ADP
fsr-3148	43	28	february	february	PROPN
fsr-3148	43	29	2008	2008	NUM
fsr-3148	43	30	.	.	PUNCT
fsr-3148	44	1	the	the	DET
fsr-3148	44	2	great	great	ADJ
fsr-3148	44	3	majority	majority	NOUN
fsr-3148	44	4	of	of	ADP
fsr-3148	44	5	the	the	DET
fsr-3148	44	6	structured	structured	ADJ
fsr-3148	44	7	cds	cd	NOUN
fsr-3148	44	8	in	in	ADP
fsr-3148	44	9	our	our	PRON
fsr-3148	44	10	sample	sample	NOUN
fsr-3148	44	11	are	be	AUX
fsr-3148	44	12	linked	link	VERB
fsr-3148	44	13	to	to	ADP
fsr-3148	44	14	baskets	basket	NOUN
fsr-3148	44	15	of	of	ADP
fsr-3148	44	16	commodities	commodity	NOUN
fsr-3148	44	17	,	,	PUNCT
fsr-3148	44	18	equities	equity	NOUN
fsr-3148	44	19	,	,	PUNCT
fsr-3148	44	20	currencies	currency	NOUN
fsr-3148	44	21	,	,	PUNCT
fsr-3148	44	22	indexes	index	NOUN
fsr-3148	44	23	,	,	PUNCT
fsr-3148	44	24	or	or	CCONJ
fsr-3148	44	25	some	some	DET
fsr-3148	44	26	combination	combination	NOUN
fsr-3148	44	27	thereof	thereof	ADV
fsr-3148	44	28	.	.	PUNCT
fsr-3148	45	1	table	table	NOUN
fsr-3148	45	2	2	2	NUM
fsr-3148	45	3	summarizes	summarize	NOUN
fsr-3148	45	4	the	the	DET
fsr-3148	45	5	major	major	ADJ
fsr-3148	45	6	underlying	underlying	ADJ
fsr-3148	45	7	assets	asset	NOUN
fsr-3148	45	8	within	within	ADP
fsr-3148	45	9	our	our	PRON
fsr-3148	45	10	sample	sample	NOUN
fsr-3148	45	11	.	.	PUNCT
fsr-3148	46	1	two	two	NUM
fsr-3148	46	2	of	of	ADP
fsr-3148	46	3	the	the	DET
fsr-3148	46	4	top	top	ADJ
fsr-3148	46	5	underlying	underlie	VERB
fsr-3148	46	6	assets	asset	NOUN
fsr-3148	46	7	are	be	AUX
fsr-3148	46	8	jp	jp	PROPN
fsr-3148	46	9	morgan	morgan	PROPN
fsr-3148	46	10	proprietary	proprietary	PROPN
fsr-3148	46	11	indexes.12	indexes.12	PROPN
fsr-3148	46	12	all	all	PRON
fsr-3148	46	13	of	of	ADP
fsr-3148	46	14	the	the	DET
fsr-3148	46	15	structured	structured	ADJ
fsr-3148	46	16	cds	cd	NOUN
fsr-3148	46	17	linked	link	VERB
fsr-3148	46	18	to	to	ADP
fsr-3148	46	19	these	these	DET
fsr-3148	46	20	indexes	index	NOUN
fsr-3148	46	21	were	be	AUX
fsr-3148	46	22	issued	issue	VERB
fsr-3148	46	23	by	by	ADP
fsr-3148	46	24	jp	jp	PROPN
fsr-3148	46	25	morgan	morgan	PROPN
fsr-3148	46	26	.	.	PUNCT
fsr-3148	47	1	in	in	ADP
fsr-3148	47	2	fact	fact	NOUN
fsr-3148	47	3	,	,	PUNCT
fsr-3148	47	4	more	more	ADJ
fsr-3148	47	5	than	than	ADP
fsr-3148	47	6	half	half	NOUN
fsr-3148	47	7	of	of	ADP
fsr-3148	47	8	the	the	DET
fsr-3148	47	9	jp	jp	NOUN
fsr-3148	47	10	morgan	morgan	PROPN
fsr-3148	47	11	structured	structure	VERB
fsr-3148	47	12	cds	cd	NOUN
fsr-3148	47	13	in	in	ADP
fsr-3148	47	14	our	our	PRON
fsr-3148	47	15	sample	sample	NOUN
fsr-3148	47	16	(	(	PUNCT
fsr-3148	47	17	by	by	ADP
fsr-3148	47	18	aggregate	aggregate	ADJ
fsr-3148	47	19	amount	amount	NOUN
fsr-3148	47	20	outstanding	outstanding	ADJ
fsr-3148	47	21	)	)	PUNCT
fsr-3148	47	22	were	be	AUX
fsr-3148	47	23	linked	link	VERB
fsr-3148	47	24	to	to	ADP
fsr-3148	47	25	a	a	DET
fsr-3148	47	26	jp	jp	NOUN
fsr-3148	47	27	morgan	morgan	PROPN
fsr-3148	47	28	proprietary	proprietary	PROPN
fsr-3148	47	29	index	index	PROPN
fsr-3148	47	30	.	.	PUNCT
fsr-3148	48	1	jp	jp	PROPN
fsr-3148	48	2	morgan	morgan	PROPN
fsr-3148	48	3	’s	’s	PART
fsr-3148	48	4	use	use	NOUN
fsr-3148	48	5	of	of	ADP
fsr-3148	48	6	its	its	PRON
fsr-3148	48	7	proprietary	proprietary	ADJ
fsr-3148	48	8	index	index	NOUN
fsr-3148	48	9	in	in	ADP
fsr-3148	48	10	its	its	PRON
fsr-3148	48	11	cds	cd	NOUN
fsr-3148	48	12	adds	add	VERB
fsr-3148	48	13	to	to	ADP
fsr-3148	48	14	the	the	DET
fsr-3148	48	15	information	information	NOUN
fsr-3148	48	16	advantage	advantage	NOUN
fsr-3148	48	17	issuers	issuer	NOUN
fsr-3148	48	18	have	have	VERB
fsr-3148	48	19	over	over	ADP
fsr-3148	48	20	investors	investor	NOUN
fsr-3148	48	21	.	.	PUNCT
fsr-3148	49	1	table	table	NOUN
fsr-3148	49	2	1	1	NUM
fsr-3148	49	3	structured	structure	VERB
fsr-3148	49	4	cd	cd	NOUN
fsr-3148	49	5	market	market	NOUN
fsr-3148	49	6	sample	sample	NOUN
fsr-3148	49	7	by	by	ADP
fsr-3148	49	8	issuer	issuer	ADJ
fsr-3148	49	9	issuer	issuer	NOUN
fsr-3148	49	10	number	number	NOUN
fsr-3148	49	11	total	total	ADJ
fsr-3148	49	12	face	face	NOUN
fsr-3148	49	13	value	value	NOUN
fsr-3148	49	14	(	(	PUNCT
fsr-3148	49	15	mm	mm	NOUN
fsr-3148	49	16	)	)	PUNCT
fsr-3148	49	17	hsbc	hsbc	PROPN
fsr-3148	49	18	906	906	NUM
fsr-3148	49	19	$	$	SYM
fsr-3148	49	20	5,827.6	5,827.6	NUM
fsr-3148	49	21	jp	jp	NOUN
fsr-3148	49	22	morgan	morgan	PROPN
fsr-3148	49	23	chase	chase	PROPN
fsr-3148	49	24	499	499	NUM
fsr-3148	49	25	$	$	SYM
fsr-3148	49	26	2,607.3	2,607.3	NUM
fsr-3148	49	27	bank	bank	NOUN
fsr-3148	49	28	of	of	ADP
fsr-3148	49	29	america	america	PROPN
fsr-3148	49	30	27	27	NUM
fsr-3148	49	31	$	$	SYM
fsr-3148	49	32	2,202.1	2,202.1	NUM
fsr-3148	49	33	barclays	barclay	NOUN
fsr-3148	49	34	213	213	NUM
fsr-3148	49	35	$	$	SYM
fsr-3148	49	36	1,444.6	1,444.6	NUM
fsr-3148	49	37	suntrust	suntrust	NOUN
fsr-3148	49	38	134	134	NUM
fsr-3148	49	39	$	$	SYM
fsr-3148	49	40	896.3	896.3	NUM
fsr-3148	49	41	wells	well	NOUN
fsr-3148	49	42	fargo	fargo	PROPN
fsr-3148	49	43	165	165	NUM
fsr-3148	49	44	$	$	SYM
fsr-3148	49	45	615.6	615.6	NUM
fsr-3148	49	46	union	union	NOUN
fsr-3148	49	47	bank	bank	NOUN
fsr-3148	49	48	23	23	NUM
fsr-3148	49	49	$	$	SYM
fsr-3148	49	50	370.8	370.8	NUM
fsr-3148	49	51	citigroup	citigroup	NOUN
fsr-3148	49	52	23	23	NUM
fsr-3148	49	53	$	$	SYM
fsr-3148	49	54	283.5	283.5	NUM
fsr-3148	49	55	bmo	bmo	PROPN
fsr-3148	49	56	harris	harris	PROPN
fsr-3148	49	57	bank	bank	PROPN
fsr-3148	49	58	30	30	NUM
fsr-3148	49	59	$	$	SYM
fsr-3148	49	60	161.3	161.3	NUM
fsr-3148	49	61	other	other	ADJ
fsr-3148	49	62	issuers	issuer	NOUN
fsr-3148	49	63	52	52	NUM
fsr-3148	49	64	$	$	SYM
fsr-3148	49	65	263.0	263.0	NUM
fsr-3148	49	66	total	total	NOUN
fsr-3148	49	67	2,072	2,072	NUM
fsr-3148	49	68	$	$	SYM
fsr-3148	49	69	14,672.0	14,672.0	NUM
fsr-3148	49	70	221	221	NUM
fsr-3148	49	71	g.	g.	PROPN
fsr-3148	49	72	deng	deng	PROPN
fsr-3148	49	73	et	et	PROPN
fsr-3148	49	74	al	al	PROPN
fsr-3148	49	75	.	.	PUNCT
fsr-3148	49	76	/	/	SYM
fsr-3148	49	77	financial	financial	ADJ
fsr-3148	49	78	services	service	NOUN
fsr-3148	49	79	review	review	VERB
fsr-3148	49	80	23	23	NUM
fsr-3148	49	81	(	(	PUNCT
fsr-3148	49	82	2014	2014	NUM
fsr-3148	49	83	)	)	PUNCT
fsr-3148	49	84	219–237	219–237	NUM
fsr-3148	49	85	2.2	2.2	NUM
fsr-3148	49	86	.	.	PUNCT
fsr-3148	50	1	how	how	SCONJ
fsr-3148	50	2	structured	structured	ADJ
fsr-3148	50	3	cds	cd	NOUN
fsr-3148	50	4	are	be	AUX
fsr-3148	50	5	marketed	market	VERB
fsr-3148	50	6	and	and	CCONJ
fsr-3148	50	7	sold	sell	VERB
fsr-3148	50	8	in	in	ADP
fsr-3148	50	9	the	the	DET
fsr-3148	50	10	united	united	PROPN
fsr-3148	50	11	states	states	PROPN
fsr-3148	50	12	we	we	PRON
fsr-3148	50	13	have	have	AUX
fsr-3148	50	14	also	also	ADV
fsr-3148	50	15	collected	collect	VERB
fsr-3148	50	16	a	a	DET
fsr-3148	50	17	number	number	NOUN
fsr-3148	50	18	of	of	ADP
fsr-3148	50	19	marketing	marketing	NOUN
fsr-3148	50	20	brochures	brochure	NOUN
fsr-3148	50	21	and	and	CCONJ
fsr-3148	50	22	other	other	ADJ
fsr-3148	50	23	sales	sale	NOUN
fsr-3148	50	24	material	material	NOUN
fsr-3148	50	25	related	relate	VERB
fsr-3148	50	26	to	to	ADP
fsr-3148	50	27	structured	structure	VERB
fsr-3148	50	28	cds	cd	NOUN
fsr-3148	50	29	from	from	ADP
fsr-3148	50	30	a	a	DET
fsr-3148	50	31	variety	variety	NOUN
fsr-3148	50	32	of	of	ADP
fsr-3148	50	33	issuers	issuer	NOUN
fsr-3148	50	34	.	.	PUNCT
fsr-3148	51	1	in	in	ADP
fsr-3148	51	2	general	general	ADJ
fsr-3148	51	3	,	,	PUNCT
fsr-3148	51	4	issuers	issuer	NOUN
fsr-3148	51	5	claim	claim	VERB
fsr-3148	51	6	that	that	SCONJ
fsr-3148	51	7	structured	structured	ADJ
fsr-3148	51	8	cds	cd	NOUN
fsr-3148	51	9	combine	combine	VERB
fsr-3148	51	10	the	the	DET
fsr-3148	51	11	safety	safety	NOUN
fsr-3148	51	12	of	of	ADP
fsr-3148	51	13	cds	cd	NOUN
fsr-3148	51	14	with	with	ADP
fsr-3148	51	15	additional	additional	ADJ
fsr-3148	51	16	market	market	NOUN
fsr-3148	51	17	-	-	PUNCT
fsr-3148	51	18	linked	link	VERB
fsr-3148	51	19	upside	upside	NOUN
fsr-3148	51	20	.	.	PUNCT
fsr-3148	52	1	wells	wells	PROPN
fsr-3148	52	2	fargo	fargo	PROPN
fsr-3148	52	3	,	,	PUNCT
fsr-3148	52	4	for	for	ADP
fsr-3148	52	5	example	example	NOUN
fsr-3148	52	6	,	,	PUNCT
fsr-3148	52	7	claims	claim	VERB
fsr-3148	52	8	that	that	SCONJ
fsr-3148	52	9	structured	structure	VERB
fsr-3148	52	10	cds	cd	NOUN
fsr-3148	52	11	“	"	PUNCT
fsr-3148	52	12	can	can	AUX
fsr-3148	52	13	provide	provide	VERB
fsr-3148	52	14	a	a	DET
fsr-3148	52	15	creative	creative	ADJ
fsr-3148	52	16	solution	solution	NOUN
fsr-3148	52	17	for	for	ADP
fsr-3148	52	18	investors	investor	NOUN
fsr-3148	52	19	looking	look	VERB
fsr-3148	52	20	to	to	PART
fsr-3148	52	21	gain	gain	VERB
fsr-3148	52	22	access	access	NOUN
fsr-3148	52	23	to	to	ADP
fsr-3148	52	24	the	the	DET
fsr-3148	52	25	markets	market	NOUN
fsr-3148	52	26	while	while	SCONJ
fsr-3148	52	27	reducing	reduce	VERB
fsr-3148	52	28	their	their	PRON
fsr-3148	52	29	exposure	exposure	NOUN
fsr-3148	52	30	to	to	ADP
fsr-3148	52	31	market	market	NOUN
fsr-3148	52	32	risk	risk	NOUN
fsr-3148	52	33	when	when	SCONJ
fsr-3148	52	34	held	hold	VERB
fsr-3148	52	35	to	to	ADP
fsr-3148	52	36	maturity	maturity	NOUN
fsr-3148	52	37	.	.	PUNCT
fsr-3148	53	1	”13	”13	NOUN
fsr-3148	53	2	our	our	PRON
fsr-3148	53	3	results	result	NOUN
fsr-3148	53	4	in	in	ADP
fsr-3148	53	5	section	section	NOUN
fsr-3148	53	6	4	4	NUM
fsr-3148	53	7	suggest	suggest	VERB
fsr-3148	53	8	that	that	SCONJ
fsr-3148	53	9	the	the	DET
fsr-3148	53	10	potential	potential	ADJ
fsr-3148	53	11	market	market	NOUN
fsr-3148	53	12	-	-	PUNCT
fsr-3148	53	13	related	relate	VERB
fsr-3148	53	14	gains	gain	NOUN
fsr-3148	53	15	in	in	ADP
fsr-3148	53	16	structured	structured	ADJ
fsr-3148	53	17	cds	cd	NOUN
fsr-3148	53	18	are	be	AUX
fsr-3148	53	19	minimal	minimal	ADJ
fsr-3148	53	20	.	.	PUNCT
fsr-3148	54	1	the	the	DET
fsr-3148	54	2	offering	offer	VERB
fsr-3148	54	3	documents	document	NOUN
fsr-3148	54	4	for	for	ADP
fsr-3148	54	5	structured	structured	ADJ
fsr-3148	54	6	cds	cd	NOUN
fsr-3148	54	7	and	and	CCONJ
fsr-3148	54	8	those	those	PRON
fsr-3148	54	9	for	for	ADP
fsr-3148	54	10	structured	structured	ADJ
fsr-3148	54	11	products	product	NOUN
fsr-3148	54	12	are	be	AUX
fsr-3148	54	13	similar.14	similar.14	PROPN
fsr-3148	54	14	both	both	PRON
fsr-3148	54	15	disclose	disclose	VERB
fsr-3148	54	16	the	the	DET
fsr-3148	54	17	terms	term	NOUN
fsr-3148	54	18	and	and	CCONJ
fsr-3148	54	19	relevant	relevant	ADJ
fsr-3148	54	20	pricing	pricing	NOUN
fsr-3148	54	21	parameters	parameter	NOUN
fsr-3148	54	22	used	use	VERB
fsr-3148	54	23	in	in	ADP
fsr-3148	54	24	the	the	DET
fsr-3148	54	25	offering	offering	NOUN
fsr-3148	54	26	,	,	PUNCT
fsr-3148	54	27	and	and	CCONJ
fsr-3148	54	28	tend	tend	VERB
fsr-3148	54	29	to	to	PART
fsr-3148	54	30	follow	follow	VERB
fsr-3148	54	31	a	a	DET
fsr-3148	54	32	similar	similar	ADJ
fsr-3148	54	33	format	format	NOUN
fsr-3148	54	34	for	for	ADP
fsr-3148	54	35	each	each	DET
fsr-3148	54	36	offering	offering	NOUN
fsr-3148	54	37	from	from	ADP
fsr-3148	54	38	a	a	DET
fsr-3148	54	39	given	give	VERB
fsr-3148	54	40	issuer	issuer	NOUN
fsr-3148	54	41	.	.	PUNCT
fsr-3148	55	1	other	other	ADJ
fsr-3148	55	2	marketing	marketing	NOUN
fsr-3148	55	3	materials	material	NOUN
fsr-3148	55	4	,	,	PUNCT
fsr-3148	55	5	such	such	ADJ
fsr-3148	55	6	as	as	ADP
fsr-3148	55	7	sales	sale	NOUN
fsr-3148	55	8	brochures	brochure	NOUN
fsr-3148	55	9	and	and	CCONJ
fsr-3148	55	10	lists	list	NOUN
fsr-3148	55	11	of	of	ADP
fsr-3148	55	12	available	available	ADJ
fsr-3148	55	13	products	product	NOUN
fsr-3148	55	14	,	,	PUNCT
fsr-3148	55	15	are	be	AUX
fsr-3148	55	16	also	also	ADV
fsr-3148	55	17	similar	similar	ADJ
fsr-3148	55	18	to	to	ADP
fsr-3148	55	19	those	those	PRON
fsr-3148	55	20	that	that	PRON
fsr-3148	55	21	exist	exist	VERB
fsr-3148	55	22	for	for	ADP
fsr-3148	55	23	structured	structured	ADJ
fsr-3148	55	24	products	product	NOUN
fsr-3148	55	25	(	(	PUNCT
fsr-3148	55	26	and	and	CCONJ
fsr-3148	55	27	can	can	AUX
fsr-3148	55	28	often	often	ADV
fsr-3148	55	29	be	be	AUX
fsr-3148	55	30	found	find	VERB
fsr-3148	55	31	on	on	ADP
fsr-3148	55	32	the	the	DET
fsr-3148	55	33	internet	internet	NOUN
fsr-3148	55	34	from	from	ADP
fsr-3148	55	35	brokerage	brokerage	NOUN
fsr-3148	55	36	firm	firm	NOUN
fsr-3148	55	37	websites	website	NOUN
fsr-3148	55	38	)	)	PUNCT
fsr-3148	55	39	.	.	PUNCT
fsr-3148	56	1	structured	structured	ADJ
fsr-3148	56	2	cd	cd	PROPN
fsr-3148	56	3	materials	material	NOUN
fsr-3148	56	4	,	,	PUNCT
fsr-3148	56	5	of	of	ADP
fsr-3148	56	6	course	course	NOUN
fsr-3148	56	7	,	,	PUNCT
fsr-3148	56	8	tend	tend	VERB
fsr-3148	56	9	to	to	PART
fsr-3148	56	10	prominently	prominently	ADV
fsr-3148	56	11	note	note	VERB
fsr-3148	56	12	fdic	fdic	ADJ
fsr-3148	56	13	insurance	insurance	NOUN
fsr-3148	56	14	.	.	PUNCT
fsr-3148	57	1	however	however	ADV
fsr-3148	57	2	,	,	PUNCT
fsr-3148	57	3	brokers	broker	NOUN
fsr-3148	57	4	who	who	PRON
fsr-3148	57	5	sell	sell	VERB
fsr-3148	57	6	structured	structured	ADJ
fsr-3148	57	7	cds	cd	NOUN
fsr-3148	57	8	,	,	PUNCT
fsr-3148	57	9	just	just	ADV
fsr-3148	57	10	like	like	ADP
fsr-3148	57	11	traditional	traditional	ADJ
fsr-3148	57	12	cds	cd	NOUN
fsr-3148	57	13	,	,	PUNCT
fsr-3148	57	14	do	do	AUX
fsr-3148	57	15	not	not	PART
fsr-3148	57	16	have	have	VERB
fsr-3148	57	17	to	to	PART
fsr-3148	57	18	be	be	AUX
fsr-3148	57	19	registered	register	VERB
fsr-3148	57	20	nor	nor	CCONJ
fsr-3148	57	21	licensed	license	VERB
fsr-3148	57	22	by	by	ADP
fsr-3148	57	23	any	any	DET
fsr-3148	57	24	state	state	NOUN
fsr-3148	57	25	or	or	CCONJ
fsr-3148	57	26	federal	federal	ADJ
fsr-3148	57	27	agency	agency	NOUN
fsr-3148	57	28	,	,	PUNCT
fsr-3148	57	29	though	though	SCONJ
fsr-3148	57	30	many	many	ADJ
fsr-3148	57	31	may	may	AUX
fsr-3148	57	32	be	be	AUX
fsr-3148	57	33	associated	associate	VERB
fsr-3148	57	34	with	with	ADP
fsr-3148	57	35	banks	bank	NOUN
fsr-3148	57	36	or	or	CCONJ
fsr-3148	57	37	licensed	licensed	ADJ
fsr-3148	57	38	broker	broker	NOUN
fsr-3148	57	39	-	-	PUNCT
fsr-3148	57	40	dealer	dealer	NOUN
fsr-3148	57	41	institutions.15	institutions.15	NOUN
fsr-3148	57	42	according	accord	VERB
fsr-3148	57	43	to	to	ADP
fsr-3148	57	44	the	the	DET
fsr-3148	57	45	nyse	nyse	PROPN
fsr-3148	57	46	rules	rule	NOUN
fsr-3148	57	47	401	401	NUM
fsr-3148	57	48	(	(	PUNCT
fsr-3148	57	49	“	"	PUNCT
fsr-3148	57	50	business	business	NOUN
fsr-3148	57	51	conduct	conduct	NOUN
fsr-3148	57	52	”	"	PUNCT
fsr-3148	57	53	)	)	PUNCT
fsr-3148	57	54	and	and	CCONJ
fsr-3148	57	55	405	405	NUM
fsr-3148	57	56	(	(	PUNCT
fsr-3148	57	57	“	"	PUNCT
fsr-3148	57	58	diligence	diligence	NOUN
fsr-3148	57	59	as	as	ADP
fsr-3148	57	60	to	to	ADP
fsr-3148	57	61	the	the	DET
fsr-3148	57	62	accounts	account	NOUN
fsr-3148	57	63	”	"	PUNCT
fsr-3148	57	64	)	)	PUNCT
fsr-3148	57	65	,	,	PUNCT
fsr-3148	57	66	structured	structure	VERB
fsr-3148	57	67	cds	cd	NOUN
fsr-3148	57	68	should	should	AUX
fsr-3148	57	69	be	be	AUX
fsr-3148	57	70	“	"	PUNCT
fsr-3148	57	71	priced	price	VERB
fsr-3148	57	72	at	at	ADP
fsr-3148	57	73	market	market	NOUN
fsr-3148	57	74	value	value	NOUN
fsr-3148	57	75	on	on	ADP
fsr-3148	57	76	customer	customer	NOUN
fsr-3148	57	77	account	account	NOUN
fsr-3148	57	78	statements	statement	NOUN
fsr-3148	57	79	,	,	PUNCT
fsr-3148	57	80	not	not	PART
fsr-3148	57	81	at	at	ADP
fsr-3148	57	82	the	the	DET
fsr-3148	57	83	purchase	purchase	NOUN
fsr-3148	57	84	amount	amount	NOUN
fsr-3148	57	85	or	or	CCONJ
fsr-3148	57	86	at	at	ADP
fsr-3148	57	87	par	par	NOUN
fsr-3148	57	88	unless	unless	SCONJ
fsr-3148	57	89	that	that	PRON
fsr-3148	57	90	is	be	AUX
fsr-3148	57	91	the	the	DET
fsr-3148	57	92	actual	actual	ADJ
fsr-3148	57	93	market	market	NOUN
fsr-3148	57	94	price	price	NOUN
fsr-3148	57	95	.	.	PUNCT
fsr-3148	58	1	”16	”16	NOUN
fsr-3148	58	2	although	although	SCONJ
fsr-3148	58	3	structured	structured	ADJ
fsr-3148	58	4	products	product	NOUN
fsr-3148	58	5	are	be	AUX
fsr-3148	58	6	now	now	ADV
fsr-3148	58	7	required	require	VERB
fsr-3148	58	8	to	to	PART
fsr-3148	58	9	prominently	prominently	ADV
fsr-3148	58	10	disclose	disclose	VERB
fsr-3148	58	11	a	a	DET
fsr-3148	58	12	fair	fair	ADJ
fsr-3148	58	13	market	market	NOUN
fsr-3148	58	14	value	value	NOUN
fsr-3148	58	15	on	on	ADP
fsr-3148	58	16	offering	offer	VERB
fsr-3148	58	17	materials	material	NOUN
fsr-3148	58	18	,	,	PUNCT
fsr-3148	58	19	there	there	PRON
fsr-3148	58	20	is	be	VERB
fsr-3148	58	21	no	no	DET
fsr-3148	58	22	such	such	ADJ
fsr-3148	58	23	disclosure	disclosure	NOUN
fsr-3148	58	24	requirement	requirement	NOUN
fsr-3148	58	25	for	for	ADP
fsr-3148	58	26	structured	structured	ADJ
fsr-3148	58	27	cds	cd	NOUN
fsr-3148	58	28	.	.	PUNCT
fsr-3148	59	1	as	as	SCONJ
fsr-3148	59	2	we	we	PRON
fsr-3148	59	3	will	will	AUX
fsr-3148	59	4	demonstrate	demonstrate	VERB
fsr-3148	59	5	below	below	ADV
fsr-3148	59	6	,	,	PUNCT
fsr-3148	59	7	the	the	DET
fsr-3148	59	8	fair	fair	ADJ
fsr-3148	59	9	market	market	NOUN
fsr-3148	59	10	value	value	NOUN
fsr-3148	59	11	of	of	ADP
fsr-3148	59	12	structured	structured	ADJ
fsr-3148	59	13	cds	cd	NOUN
fsr-3148	59	14	is	be	AUX
fsr-3148	59	15	often	often	ADV
fsr-3148	59	16	much	much	ADV
fsr-3148	59	17	less	less	ADJ
fsr-3148	59	18	than	than	ADP
fsr-3148	59	19	face	face	NOUN
fsr-3148	59	20	value	value	NOUN
fsr-3148	59	21	,	,	PUNCT
fsr-3148	59	22	reflecting	reflect	VERB
fsr-3148	59	23	a	a	DET
fsr-3148	59	24	premium	premium	NOUN
fsr-3148	59	25	to	to	ADP
fsr-3148	59	26	the	the	DET
fsr-3148	59	27	issuer	issuer	NOUN
fsr-3148	59	28	that	that	PRON
fsr-3148	59	29	is	be	AUX
fsr-3148	59	30	similar	similar	ADJ
fsr-3148	59	31	in	in	ADP
fsr-3148	59	32	magnitude	magnitude	NOUN
fsr-3148	59	33	to	to	ADP
fsr-3148	59	34	those	those	PRON
fsr-3148	59	35	seen	see	VERB
fsr-3148	59	36	in	in	ADP
fsr-3148	59	37	structured	structured	ADJ
fsr-3148	59	38	products	product	NOUN
fsr-3148	59	39	.	.	PUNCT
fsr-3148	60	1	in	in	ADP
fsr-3148	60	2	fact	fact	NOUN
fsr-3148	60	3	,	,	PUNCT
fsr-3148	60	4	not	not	PART
fsr-3148	60	5	having	have	VERB
fsr-3148	60	6	to	to	PART
fsr-3148	60	7	disclose	disclose	VERB
fsr-3148	60	8	fair	fair	ADJ
fsr-3148	60	9	market	market	NOUN
fsr-3148	60	10	values	value	NOUN
fsr-3148	60	11	might	might	AUX
fsr-3148	60	12	be	be	AUX
fsr-3148	60	13	a	a	DET
fsr-3148	60	14	reason	reason	NOUN
fsr-3148	60	15	for	for	SCONJ
fsr-3148	60	16	banks	bank	NOUN
fsr-3148	60	17	to	to	PART
fsr-3148	60	18	issue	issue	VERB
fsr-3148	60	19	structured	structure	VERB
fsr-3148	60	20	cds	cd	NOUN
fsr-3148	60	21	over	over	ADP
fsr-3148	60	22	structured	structured	ADJ
fsr-3148	60	23	products	product	NOUN
fsr-3148	60	24	or	or	CCONJ
fsr-3148	60	25	traditional	traditional	ADJ
fsr-3148	60	26	cds	cd	NOUN
fsr-3148	60	27	.	.	PUNCT
fsr-3148	61	1	fdic	fdic	PROPN
fsr-3148	61	2	insured	insure	VERB
fsr-3148	61	3	banks	bank	NOUN
fsr-3148	61	4	are	be	AUX
fsr-3148	61	5	limited	limit	VERB
fsr-3148	61	6	to	to	ADP
fsr-3148	61	7	offering	offer	VERB
fsr-3148	61	8	cd	cd	NOUN
fsr-3148	61	9	rates	rate	NOUN
fsr-3148	61	10	that	that	PRON
fsr-3148	61	11	are	be	AUX
fsr-3148	61	12	no	no	ADV
fsr-3148	61	13	more	more	ADJ
fsr-3148	61	14	than	than	ADP
fsr-3148	61	15	75	75	NUM
fsr-3148	61	16	basis	basis	NOUN
fsr-3148	61	17	points	point	NOUN
fsr-3148	61	18	above	above	ADP
fsr-3148	61	19	the	the	DET
fsr-3148	61	20	average	average	NOUN
fsr-3148	61	21	of	of	ADP
fsr-3148	61	22	yields	yield	NOUN
fsr-3148	61	23	for	for	ADP
fsr-3148	61	24	cds	cd	NOUN
fsr-3148	61	25	of	of	ADP
fsr-3148	61	26	comparable	comparable	ADJ
fsr-3148	61	27	terms	term	NOUN
fsr-3148	61	28	within	within	ADP
fsr-3148	61	29	their	their	PRON
fsr-3148	61	30	local	local	ADJ
fsr-3148	61	31	market	market	NOUN
fsr-3148	61	32	without	without	ADP
fsr-3148	61	33	a	a	DET
fsr-3148	61	34	waiver	waiver	NOUN
fsr-3148	61	35	from	from	ADP
fsr-3148	61	36	the	the	DET
fsr-3148	61	37	fdic.17	fdic.17	PROPN
fsr-3148	61	38	fdic	fdic	PROPN
fsr-3148	61	39	insured	insure	VERB
fsr-3148	61	40	banks	bank	NOUN
fsr-3148	61	41	and	and	CCONJ
fsr-3148	61	42	deposit	deposit	NOUN
fsr-3148	61	43	brokers	broker	NOUN
fsr-3148	61	44	may	may	AUX
fsr-3148	61	45	issue	issue	VERB
fsr-3148	61	46	structured	structure	VERB
fsr-3148	61	47	cds	cd	NOUN
fsr-3148	61	48	to	to	PART
fsr-3148	61	49	circumvent	circumvent	VERB
fsr-3148	61	50	this	this	DET
fsr-3148	61	51	limit	limit	NOUN
fsr-3148	61	52	.	.	PUNCT
fsr-3148	62	1	for	for	ADP
fsr-3148	62	2	example	example	NOUN
fsr-3148	62	3	,	,	PUNCT
fsr-3148	62	4	instead	instead	ADV
fsr-3148	62	5	of	of	ADP
fsr-3148	62	6	issuing	issue	VERB
fsr-3148	62	7	a	a	DET
fsr-3148	62	8	traditional	traditional	ADJ
fsr-3148	62	9	cd	cd	NOUN
fsr-3148	62	10	at	at	ADP
fsr-3148	62	11	a	a	DET
fsr-3148	62	12	low	low	ADJ
fsr-3148	62	13	fixed	fix	VERB
fsr-3148	62	14	rate	rate	NOUN
fsr-3148	62	15	,	,	PUNCT
fsr-3148	62	16	a	a	DET
fsr-3148	62	17	bank	bank	NOUN
fsr-3148	62	18	could	could	AUX
fsr-3148	62	19	market	market	VERB
fsr-3148	62	20	a	a	DET
fsr-3148	62	21	structured	structured	ADJ
fsr-3148	62	22	cd	cd	NOUN
fsr-3148	62	23	with	with	ADP
fsr-3148	62	24	a	a	DET
fsr-3148	62	25	higher	high	ADJ
fsr-3148	62	26	comparable	comparable	ADJ
fsr-3148	62	27	yield	yield	NOUN
fsr-3148	62	28	than	than	ADP
fsr-3148	62	29	the	the	DET
fsr-3148	62	30	fdic	fdic	PROPN
fsr-3148	62	31	mandated	mandate	VERB
fsr-3148	62	32	cap	cap	NOUN
fsr-3148	62	33	.	.	PUNCT
fsr-3148	63	1	an	an	DET
fsr-3148	63	2	investor	investor	NOUN
fsr-3148	63	3	may	may	AUX
fsr-3148	63	4	table	table	VERB
fsr-3148	63	5	2	2	NUM
fsr-3148	63	6	structured	structure	VERB
fsr-3148	63	7	cd	cd	NOUN
fsr-3148	63	8	market	market	NOUN
fsr-3148	63	9	sample	sample	NOUN
fsr-3148	63	10	by	by	ADP
fsr-3148	63	11	underlying	underlie	VERB
fsr-3148	63	12	asset	asset	NOUN
fsr-3148	63	13	underlying	underlie	VERB
fsr-3148	63	14	asset	asset	NOUN
fsr-3148	63	15	number	number	NOUN
fsr-3148	63	16	total	total	ADJ
fsr-3148	63	17	face	face	NOUN
fsr-3148	63	18	value	value	NOUN
fsr-3148	63	19	(	(	PUNCT
fsr-3148	63	20	mm	mm	NOUN
fsr-3148	63	21	)	)	PUNCT
fsr-3148	63	22	baskets	basket	NOUN
fsr-3148	63	23	1,293	1,293	NUM
fsr-3148	63	24	$	$	SYM
fsr-3148	63	25	9,346.5	9,346.5	NUM
fsr-3148	63	26	s&p	s&p	PROPN
fsr-3148	63	27	500	500	NUM
fsr-3148	63	28	index	index	NOUN
fsr-3148	63	29	210	210	NUM
fsr-3148	64	1	$	$	SYM
fsr-3148	64	2	1,924.1	1,924.1	NUM
fsr-3148	64	3	jp	jp	NOUN
fsr-3148	64	4	morgan	morgan	PROPN
fsr-3148	64	5	etf	etf	PROPN
fsr-3148	64	6	efficiente	efficiente	NOUN
fsr-3148	64	7	5	5	NUM
fsr-3148	64	8	index	index	NOUN
fsr-3148	64	9	111	111	NUM
fsr-3148	64	10	$	$	SYM
fsr-3148	64	11	942.8	942.8	NUM
fsr-3148	64	12	dow	dow	PROPN
fsr-3148	64	13	jones	jones	PROPN
fsr-3148	64	14	industrial	industrial	PROPN
fsr-3148	64	15	average	average	PROPN
fsr-3148	64	16	136	136	NUM
fsr-3148	64	17	$	$	SYM
fsr-3148	64	18	913.3	913.3	NUM
fsr-3148	64	19	jp	jp	NOUN
fsr-3148	64	20	morgan	morgan	PROPN
fsr-3148	64	21	optimax	optimax	PROPN
fsr-3148	64	22	market	market	NOUN
fsr-3148	64	23	-	-	PUNCT
fsr-3148	64	24	neutral	neutral	ADJ
fsr-3148	64	25	index	index	NOUN
fsr-3148	64	26	34	34	NUM
fsr-3148	64	27	$	$	SYM
fsr-3148	64	28	260.7	260.7	NUM
fsr-3148	64	29	dow	dow	PROPN
fsr-3148	64	30	jones	jones	PROPN
fsr-3148	64	31	-	-	PUNCT
fsr-3148	64	32	ubs	ubs	PROPN
fsr-3148	64	33	commodity	commodity	NOUN
fsr-3148	64	34	index	index	NOUN
fsr-3148	64	35	26	26	NUM
fsr-3148	64	36	$	$	SYM
fsr-3148	64	37	204.2	204.2	NUM
fsr-3148	64	38	russell	russell	PROPN
fsr-3148	64	39	2000	2000	NUM
fsr-3148	64	40	index	index	NOUN
fsr-3148	64	41	37	37	NUM
fsr-3148	64	42	$	$	SYM
fsr-3148	64	43	135.6	135.6	NUM
fsr-3148	64	44	other	other	ADJ
fsr-3148	64	45	underlying	underlying	ADJ
fsr-3148	64	46	assets	asset	NOUN
fsr-3148	64	47	225	225	NUM
fsr-3148	64	48	$	$	SYM
fsr-3148	64	49	944.7	944.7	NUM
fsr-3148	64	50	total	total	NOUN
fsr-3148	64	51	2,072	2,072	NUM
fsr-3148	64	52	$	$	SYM
fsr-3148	64	53	14,672.0	14,672.0	NUM
fsr-3148	64	54	222	222	NUM
fsr-3148	64	55	g.	g.	PROPN
fsr-3148	64	56	deng	deng	PROPN
fsr-3148	64	57	et	et	PROPN
fsr-3148	64	58	al	al	PROPN
fsr-3148	64	59	.	.	PUNCT
fsr-3148	64	60	/	/	SYM
fsr-3148	64	61	financial	financial	ADJ
fsr-3148	64	62	services	service	NOUN
fsr-3148	64	63	review	review	VERB
fsr-3148	64	64	23	23	NUM
fsr-3148	64	65	(	(	PUNCT
fsr-3148	64	66	2014	2014	NUM
fsr-3148	64	67	)	)	PUNCT
fsr-3148	65	1	219–237	219–237	NUM
fsr-3148	65	2	believe	believe	VERB
fsr-3148	65	3	that	that	SCONJ
fsr-3148	65	4	this	this	DET
fsr-3148	65	5	product	product	NOUN
fsr-3148	65	6	offers	offer	VERB
fsr-3148	65	7	higher	high	ADJ
fsr-3148	65	8	yield	yield	NOUN
fsr-3148	65	9	than	than	ADP
fsr-3148	65	10	a	a	DET
fsr-3148	65	11	traditional	traditional	ADJ
fsr-3148	65	12	cd	cd	NOUN
fsr-3148	65	13	,	,	PUNCT
fsr-3148	65	14	even	even	ADV
fsr-3148	65	15	though	though	SCONJ
fsr-3148	65	16	its	its	PRON
fsr-3148	65	17	fair	fair	ADJ
fsr-3148	65	18	value	value	NOUN
fsr-3148	65	19	might	might	AUX
fsr-3148	65	20	in	in	ADP
fsr-3148	65	21	fact	fact	NOUN
fsr-3148	65	22	be	be	AUX
fsr-3148	65	23	lower	low	ADJ
fsr-3148	65	24	.	.	PUNCT
fsr-3148	66	1	3	3	X
fsr-3148	66	2	.	.	X
fsr-3148	66	3	how	how	SCONJ
fsr-3148	66	4	to	to	PART
fsr-3148	66	5	determine	determine	VERB
fsr-3148	66	6	fair	fair	ADJ
fsr-3148	66	7	value	value	NOUN
fsr-3148	66	8	we	we	PRON
fsr-3148	66	9	present	present	VERB
fsr-3148	66	10	a	a	DET
fsr-3148	66	11	monte	monte	PROPN
fsr-3148	66	12	carlo	carlo	NOUN
fsr-3148	66	13	method	method	NOUN
fsr-3148	66	14	for	for	ADP
fsr-3148	66	15	determining	determine	VERB
fsr-3148	66	16	the	the	DET
fsr-3148	66	17	fair	fair	ADJ
fsr-3148	66	18	value	value	NOUN
fsr-3148	66	19	of	of	ADP
fsr-3148	66	20	some	some	DET
fsr-3148	66	21	common	common	ADJ
fsr-3148	66	22	structured	structured	ADJ
fsr-3148	66	23	cds	cd	NOUN
fsr-3148	66	24	.	.	PUNCT
fsr-3148	67	1	we	we	PRON
fsr-3148	67	2	assume	assume	VERB
fsr-3148	67	3	throughout	throughout	ADP
fsr-3148	67	4	that	that	SCONJ
fsr-3148	67	5	the	the	DET
fsr-3148	67	6	underlying	underlie	VERB
fsr-3148	67	7	asset	asset	NOUN
fsr-3148	67	8	returns	return	NOUN
fsr-3148	67	9	follow	follow	VERB
fsr-3148	67	10	geometric	geometric	ADJ
fsr-3148	67	11	brownian	brownian	ADJ
fsr-3148	67	12	motion	motion	NOUN
fsr-3148	67	13	(	(	PUNCT
fsr-3148	67	14	black	black	ADJ
fsr-3148	67	15	and	and	CCONJ
fsr-3148	67	16	scholes	schole	NOUN
fsr-3148	67	17	,	,	PUNCT
fsr-3148	67	18	1973	1973	NUM
fsr-3148	67	19	;	;	PUNCT
fsr-3148	67	20	merton	merton	NOUN
fsr-3148	67	21	,	,	PUNCT
fsr-3148	67	22	1973	1973	NUM
fsr-3148	67	23	)	)	PUNCT
fsr-3148	67	24	,	,	PUNCT
fsr-3148	67	25	and	and	CCONJ
fsr-3148	67	26	simulate	simulate	VERB
fsr-3148	67	27	asset	asset	NOUN
fsr-3148	67	28	values	value	NOUN
fsr-3148	67	29	with	with	ADP
fsr-3148	67	30	a	a	DET
fsr-3148	67	31	monte	monte	PROPN
fsr-3148	67	32	carlo	carlo	NOUN
fsr-3148	67	33	framework	framework	NOUN
fsr-3148	67	34	in	in	ADP
fsr-3148	67	35	accordance	accordance	NOUN
fsr-3148	67	36	with	with	ADP
fsr-3148	67	37	procedures	procedure	NOUN
fsr-3148	67	38	outlined	outline	VERB
fsr-3148	67	39	in	in	ADP
fsr-3148	67	40	(	(	PUNCT
fsr-3148	67	41	glasserman	glasserman	NOUN
fsr-3148	67	42	,	,	PUNCT
fsr-3148	67	43	2003	2003	NUM
fsr-3148	67	44	)	)	PUNCT
fsr-3148	67	45	.	.	PUNCT
fsr-3148	68	1	the	the	DET
fsr-3148	68	2	variance	variance	NOUN
fsr-3148	68	3	of	of	ADP
fsr-3148	68	4	that	that	DET
fsr-3148	68	5	geometric	geometric	ADJ
fsr-3148	68	6	brownian	brownian	ADJ
fsr-3148	68	7	motion	motion	NOUN
fsr-3148	68	8	is	be	AUX
fsr-3148	68	9	set	set	VERB
fsr-3148	68	10	to	to	PART
fsr-3148	68	11	be	be	AUX
fsr-3148	68	12	the	the	DET
fsr-3148	68	13	longest	long	ADJ
fsr-3148	68	14	-	-	PUNCT
fsr-3148	68	15	term	term	NOUN
fsr-3148	68	16	implied	imply	VERB
fsr-3148	68	17	volatility	volatility	NOUN
fsr-3148	68	18	of	of	ADP
fsr-3148	68	19	the	the	DET
fsr-3148	68	20	underlying	underlie	VERB
fsr-3148	68	21	asset	asset	NOUN
fsr-3148	68	22	available	available	ADJ
fsr-3148	68	23	from	from	ADP
fsr-3148	68	24	bloomberg	bloomberg	PROPN
fsr-3148	68	25	.	.	PUNCT
fsr-3148	69	1	investors	investor	NOUN
fsr-3148	69	2	in	in	ADP
fsr-3148	69	3	structured	structured	ADJ
fsr-3148	69	4	cds	cd	NOUN
fsr-3148	69	5	are	be	AUX
fsr-3148	69	6	not	not	PART
fsr-3148	69	7	paid	pay	VERB
fsr-3148	69	8	distributions	distribution	NOUN
fsr-3148	69	9	and	and	CCONJ
fsr-3148	69	10	the	the	DET
fsr-3148	69	11	underlying	underlie	VERB
fsr-3148	69	12	returns	return	NOUN
fsr-3148	69	13	reflect	reflect	VERB
fsr-3148	69	14	only	only	ADV
fsr-3148	69	15	capital	capital	NOUN
fsr-3148	69	16	appreciation	appreciation	NOUN
fsr-3148	69	17	.	.	PUNCT
fsr-3148	70	1	we	we	PRON
fsr-3148	70	2	compare	compare	VERB
fsr-3148	70	3	our	our	PRON
fsr-3148	70	4	structured	structured	ADJ
fsr-3148	70	5	cd	cd	NOUN
fsr-3148	70	6	values	value	NOUN
fsr-3148	70	7	to	to	ADP
fsr-3148	70	8	the	the	DET
fsr-3148	70	9	present	present	ADJ
fsr-3148	70	10	value	value	NOUN
fsr-3148	70	11	of	of	ADP
fsr-3148	70	12	contemporaneously	contemporaneously	ADV
fsr-3148	70	13	issued	issue	VERB
fsr-3148	70	14	traditional	traditional	ADJ
fsr-3148	70	15	cds	cd	NOUN
fsr-3148	70	16	of	of	ADP
fsr-3148	70	17	a	a	DET
fsr-3148	70	18	similar	similar	ADJ
fsr-3148	70	19	maturity	maturity	NOUN
fsr-3148	70	20	.	.	PUNCT
fsr-3148	71	1	fig	fig	NOUN
fsr-3148	71	2	.	.	PUNCT
fsr-3148	72	1	1	1	NUM
fsr-3148	72	2	graphs	graph	VERB
fsr-3148	72	3	the	the	DET
fsr-3148	72	4	simple	simple	ADJ
fsr-3148	72	5	average	average	NOUN
fsr-3148	72	6	of	of	ADP
fsr-3148	72	7	traditional	traditional	ADJ
fsr-3148	72	8	cd	cd	NOUN
fsr-3148	72	9	rates	rate	NOUN
fsr-3148	72	10	as	as	SCONJ
fsr-3148	72	11	reported	report	VERB
fsr-3148	72	12	by	by	ADP
fsr-3148	72	13	the	the	DET
fsr-3148	72	14	fdic	fdic	PROPN
fsr-3148	72	15	between	between	ADP
fsr-3148	72	16	may	may	PROPN
fsr-3148	72	17	2009	2009	NUM
fsr-3148	72	18	and	and	CCONJ
fsr-3148	72	19	march	march	PROPN
fsr-3148	72	20	2013.18	2013.18	NUM
fsr-3148	72	21	for	for	ADP
fsr-3148	72	22	our	our	PRON
fsr-3148	72	23	analysis	analysis	NOUN
fsr-3148	72	24	,	,	PUNCT
fsr-3148	72	25	we	we	PRON
fsr-3148	72	26	used	use	VERB
fsr-3148	72	27	the	the	DET
fsr-3148	72	28	“	"	PUNCT
fsr-3148	72	29	nonjumbo	nonjumbo	ADJ
fsr-3148	72	30	”	"	PUNCT
fsr-3148	72	31	rates	rate	NOUN
fsr-3148	72	32	(	(	PUNCT
fsr-3148	72	33	for	for	ADP
fsr-3148	72	34	deposit	deposit	NOUN
fsr-3148	72	35	amounts	amount	VERB
fsr-3148	72	36	under	under	ADP
fsr-3148	72	37	$	$	SYM
fsr-3148	72	38	100,000	100,000	NUM
fsr-3148	72	39	)	)	PUNCT
fsr-3148	72	40	as	as	SCONJ
fsr-3148	72	41	these	these	PRON
fsr-3148	72	42	are	be	AUX
fsr-3148	72	43	most	most	ADV
fsr-3148	72	44	likely	likely	ADJ
fsr-3148	72	45	to	to	PART
fsr-3148	72	46	be	be	AUX
fsr-3148	72	47	fdic	fdic	PROPN
fsr-3148	72	48	insured	insure	VERB
fsr-3148	72	49	;	;	PUNCT
fsr-3148	72	50	however	however	ADV
fsr-3148	72	51	,	,	PUNCT
fsr-3148	72	52	the	the	DET
fsr-3148	72	53	average	average	ADJ
fsr-3148	72	54	difference	difference	NOUN
fsr-3148	72	55	between	between	ADP
fsr-3148	72	56	jumbo	jumbo	NOUN
fsr-3148	72	57	and	and	CCONJ
fsr-3148	72	58	nonjumbo	nonjumbo	ADJ
fsr-3148	72	59	rates	rate	NOUN
fsr-3148	72	60	over	over	ADP
fsr-3148	72	61	this	this	DET
fsr-3148	72	62	period	period	NOUN
fsr-3148	72	63	was	be	AUX
fsr-3148	72	64	only	only	ADV
fsr-3148	72	65	two	two	NUM
fsr-3148	72	66	basis	basis	NOUN
fsr-3148	72	67	points	point	NOUN
fsr-3148	72	68	according	accord	VERB
fsr-3148	72	69	to	to	ADP
fsr-3148	72	70	the	the	DET
fsr-3148	72	71	fdic	fdic	PROPN
fsr-3148	72	72	data	data	PROPN
fsr-3148	72	73	.	.	PUNCT
fsr-3148	73	1	the	the	DET
fsr-3148	73	2	secondary	secondary	ADJ
fsr-3148	73	3	market	market	NOUN
fsr-3148	73	4	rates	rate	NOUN
fsr-3148	73	5	for	for	ADP
fsr-3148	73	6	short	short	ADJ
fsr-3148	73	7	-	-	PUNCT
fsr-3148	73	8	term	term	NOUN
fsr-3148	73	9	cds	cd	NOUN
fsr-3148	73	10	as	as	SCONJ
fsr-3148	73	11	quoted	quote	VERB
fsr-3148	73	12	by	by	ADP
fsr-3148	73	13	the	the	DET
fsr-3148	73	14	federal	federal	PROPN
fsr-3148	73	15	reserve	reserve	PROPN
fsr-3148	73	16	board	board	PROPN
fsr-3148	73	17	are	be	AUX
fsr-3148	73	18	universally	universally	ADV
fsr-3148	73	19	higher	high	ADJ
fsr-3148	73	20	than	than	ADP
fsr-3148	73	21	those	those	PRON
fsr-3148	73	22	quoted	quote	VERB
fsr-3148	73	23	for	for	ADP
fsr-3148	73	24	cds	cd	NOUN
fsr-3148	73	25	in	in	ADP
fsr-3148	73	26	an	an	DET
fsr-3148	73	27	initial	initial	ADJ
fsr-3148	73	28	offering	offering	NOUN
fsr-3148	73	29	by	by	ADP
fsr-3148	73	30	the	the	DET
fsr-3148	73	31	fdic	fdic	PROPN
fsr-3148	73	32	,	,	PUNCT
fsr-3148	73	33	often	often	ADV
fsr-3148	73	34	by	by	ADP
fsr-3148	73	35	50	50	NUM
fsr-3148	73	36	basis	basis	NOUN
fsr-3148	73	37	points	point	NOUN
fsr-3148	73	38	or	or	CCONJ
fsr-3148	73	39	more	more	ADJ
fsr-3148	73	40	.	.	PUNCT
fsr-3148	74	1	we	we	PRON
fsr-3148	74	2	include	include	VERB
fsr-3148	74	3	the	the	DET
fsr-3148	74	4	reported	report	VERB
fsr-3148	74	5	national	national	ADJ
fsr-3148	74	6	average	average	ADJ
fsr-3148	74	7	rates	rate	NOUN
fsr-3148	74	8	for	for	ADP
fsr-3148	74	9	five	five	NUM
fsr-3148	74	10	-	-	PUNCT
fsr-3148	74	11	year	year	NOUN
fsr-3148	74	12	traditional	traditional	ADJ
fsr-3148	74	13	cds	cd	NOUN
fsr-3148	74	14	from	from	ADP
fsr-3148	74	15	bankrate.com	bankrate.com	PROPN
fsr-3148	74	16	in	in	ADP
fsr-3148	74	17	fig	fig	NOUN
fsr-3148	74	18	.	.	PUNCT
fsr-3148	74	19	1	1	NUM
fsr-3148	74	20	to	to	PART
fsr-3148	74	21	show	show	VERB
fsr-3148	74	22	the	the	DET
fsr-3148	74	23	magnitude	magnitude	NOUN
fsr-3148	74	24	of	of	ADP
fsr-3148	74	25	the	the	DET
fsr-3148	74	26	discrepancy.19	discrepancy.19	NOUN
fsr-3148	74	27	we	we	PRON
fsr-3148	74	28	use	use	VERB
fsr-3148	74	29	the	the	DET
fsr-3148	74	30	rates	rate	NOUN
fsr-3148	74	31	reported	report	VERB
fsr-3148	74	32	by	by	ADP
fsr-3148	74	33	the	the	DET
fsr-3148	74	34	fdic	fdic	PROPN
fsr-3148	74	35	as	as	ADP
fsr-3148	74	36	a	a	DET
fsr-3148	74	37	conservative	conservative	ADJ
fsr-3148	74	38	estimate	estimate	NOUN
fsr-3148	74	39	for	for	ADP
fsr-3148	74	40	the	the	DET
fsr-3148	74	41	relative	relative	ADJ
fsr-3148	74	42	value	value	NOUN
fsr-3148	74	43	of	of	ADP
fsr-3148	74	44	a	a	DET
fsr-3148	74	45	structured	structured	ADJ
fsr-3148	74	46	cd	cd	PROPN
fsr-3148	74	47	.	.	PUNCT
fsr-3148	74	48	fig	fig	PROPN
fsr-3148	74	49	.	.	PUNCT
fsr-3148	75	1	1	1	X
fsr-3148	75	2	.	.	PUNCT
fsr-3148	75	3	national	national	ADJ
fsr-3148	75	4	average	average	ADJ
fsr-3148	75	5	rates	rate	NOUN
fsr-3148	75	6	on	on	ADP
fsr-3148	75	7	traditional	traditional	ADJ
fsr-3148	75	8	five	five	NUM
fsr-3148	75	9	year	year	NOUN
fsr-3148	75	10	cds	cd	NOUN
fsr-3148	75	11	.	.	PUNCT
fsr-3148	76	1	223	223	NUM
fsr-3148	76	2	g.	g.	PROPN
fsr-3148	76	3	deng	deng	PROPN
fsr-3148	76	4	et	et	PROPN
fsr-3148	76	5	al	al	PROPN
fsr-3148	76	6	.	.	PUNCT
fsr-3148	76	7	/	/	SYM
fsr-3148	76	8	financial	financial	ADJ
fsr-3148	76	9	services	service	NOUN
fsr-3148	76	10	review	review	VERB
fsr-3148	76	11	23	23	NUM
fsr-3148	76	12	(	(	PUNCT
fsr-3148	76	13	2014	2014	NUM
fsr-3148	76	14	)	)	PUNCT
fsr-3148	76	15	219–237	219–237	NUM
fsr-3148	76	16	3.1	3.1	NUM
fsr-3148	76	17	.	.	PUNCT
fsr-3148	77	1	credit	credit	NOUN
fsr-3148	77	2	risk	risk	NOUN
fsr-3148	77	3	investors	investor	NOUN
fsr-3148	77	4	who	who	PRON
fsr-3148	77	5	purchase	purchase	VERB
fsr-3148	77	6	structured	structured	ADJ
fsr-3148	77	7	cds	cd	NOUN
fsr-3148	77	8	bear	bear	VERB
fsr-3148	77	9	credit	credit	NOUN
fsr-3148	77	10	risk	risk	NOUN
fsr-3148	77	11	.	.	PUNCT
fsr-3148	78	1	the	the	DET
fsr-3148	78	2	fdic	fdic	PROPN
fsr-3148	78	3	made	make	VERB
fsr-3148	78	4	clear	clear	ADJ
fsr-3148	78	5	to	to	ADP
fsr-3148	78	6	investors	investor	NOUN
fsr-3148	78	7	in	in	ADP
fsr-3148	78	8	the	the	DET
fsr-3148	78	9	spring	spring	NOUN
fsr-3148	78	10	of	of	ADP
fsr-3148	78	11	2012	2012	NUM
fsr-3148	78	12	that	that	PRON
fsr-3148	78	13	its	its	PRON
fsr-3148	78	14	insurance	insurance	NOUN
fsr-3148	78	15	covers	cover	VERB
fsr-3148	78	16	only	only	ADV
fsr-3148	78	17	principal	principal	ADJ
fsr-3148	78	18	repayment	repayment	NOUN
fsr-3148	78	19	at	at	ADP
fsr-3148	78	20	maturity	maturity	NOUN
fsr-3148	78	21	and	and	CCONJ
fsr-3148	78	22	accrued	accrue	VERB
fsr-3148	78	23	interest	interest	NOUN
fsr-3148	78	24	,	,	PUNCT
fsr-3148	78	25	not	not	PART
fsr-3148	78	26	any	any	DET
fsr-3148	78	27	market	market	NOUN
fsr-3148	78	28	-	-	PUNCT
fsr-3148	78	29	linked	link	VERB
fsr-3148	78	30	or	or	CCONJ
fsr-3148	78	31	contingent	contingent	ADJ
fsr-3148	78	32	interest	interest	NOUN
fsr-3148	78	33	payments.20	payments.20	PROPN
fsr-3148	78	34	therefore	therefore	ADV
fsr-3148	78	35	,	,	PUNCT
fsr-3148	78	36	as	as	SCONJ
fsr-3148	78	37	reflected	reflect	VERB
fsr-3148	78	38	in	in	ADP
fsr-3148	78	39	our	our	PRON
fsr-3148	78	40	valuation	valuation	NOUN
fsr-3148	78	41	equation	equation	NOUN
fsr-3148	78	42	in	in	ADP
fsr-3148	78	43	section	section	NOUN
fsr-3148	78	44	4	4	NUM
fsr-3148	78	45	,	,	PUNCT
fsr-3148	78	46	structured	structured	ADJ
fsr-3148	78	47	cds	cd	NOUN
fsr-3148	78	48	are	be	AUX
fsr-3148	78	49	subject	subject	ADJ
fsr-3148	78	50	to	to	ADP
fsr-3148	78	51	the	the	DET
fsr-3148	78	52	credit	credit	NOUN
fsr-3148	78	53	risk	risk	NOUN
fsr-3148	78	54	of	of	ADP
fsr-3148	78	55	the	the	DET
fsr-3148	78	56	issuer	issuer	NOUN
fsr-3148	78	57	insofar	insofar	ADV
fsr-3148	78	58	as	as	SCONJ
fsr-3148	78	59	they	they	PRON
fsr-3148	78	60	are	be	AUX
fsr-3148	78	61	exposed	expose	VERB
fsr-3148	78	62	to	to	ADP
fsr-3148	78	63	market	market	NOUN
fsr-3148	78	64	fluctuations	fluctuation	NOUN
fsr-3148	78	65	.	.	PUNCT
fsr-3148	79	1	as	as	ADP
fsr-3148	79	2	a	a	DET
fsr-3148	79	3	result	result	NOUN
fsr-3148	79	4	,	,	PUNCT
fsr-3148	79	5	a	a	DET
fsr-3148	79	6	structured	structured	ADJ
fsr-3148	79	7	cd	cd	NOUN
fsr-3148	79	8	that	that	PRON
fsr-3148	79	9	is	be	AUX
fsr-3148	79	10	issued	issue	VERB
fsr-3148	79	11	by	by	ADP
fsr-3148	79	12	a	a	DET
fsr-3148	79	13	less	less	ADV
fsr-3148	79	14	credit	credit	NOUN
fsr-3148	79	15	-	-	PUNCT
fsr-3148	79	16	worthy	worthy	ADJ
fsr-3148	79	17	bank	bank	NOUN
fsr-3148	79	18	is	be	AUX
fsr-3148	79	19	worth	worth	ADJ
fsr-3148	79	20	less	less	ADJ
fsr-3148	79	21	than	than	ADP
fsr-3148	79	22	an	an	DET
fsr-3148	79	23	identical	identical	ADJ
fsr-3148	79	24	structured	structured	ADJ
fsr-3148	79	25	cd	cd	NOUN
fsr-3148	79	26	issued	issue	VERB
fsr-3148	79	27	by	by	ADP
fsr-3148	79	28	a	a	DET
fsr-3148	79	29	more	more	ADJ
fsr-3148	79	30	credit	credit	NOUN
fsr-3148	79	31	-	-	PUNCT
fsr-3148	79	32	worthy	worthy	ADJ
fsr-3148	79	33	bank	bank	NOUN
fsr-3148	79	34	.	.	PUNCT
fsr-3148	80	1	in	in	ADP
fsr-3148	80	2	addition	addition	NOUN
fsr-3148	80	3	,	,	PUNCT
fsr-3148	80	4	there	there	PRON
fsr-3148	80	5	are	be	VERB
fsr-3148	80	6	limits	limit	NOUN
fsr-3148	80	7	to	to	ADP
fsr-3148	80	8	the	the	DET
fsr-3148	80	9	amount	amount	NOUN
fsr-3148	80	10	covered	cover	VERB
fsr-3148	80	11	by	by	ADP
fsr-3148	80	12	fdic	fdic	PROPN
fsr-3148	80	13	insurance.21	insurance.21	PROPN
fsr-3148	80	14	the	the	DET
fsr-3148	80	15	limit	limit	NOUN
fsr-3148	80	16	can	can	AUX
fsr-3148	80	17	be	be	AUX
fsr-3148	80	18	made	make	VERB
fsr-3148	80	19	less	less	ADV
fsr-3148	80	20	restrictive	restrictive	ADJ
fsr-3148	80	21	by	by	ADP
fsr-3148	80	22	depositing	deposit	VERB
fsr-3148	80	23	funds	fund	NOUN
fsr-3148	80	24	at	at	ADP
fsr-3148	80	25	more	more	ADJ
fsr-3148	80	26	than	than	ADP
fsr-3148	80	27	one	one	NUM
fsr-3148	80	28	fdic	fdic	ADJ
fsr-3148	80	29	insured	insure	VERB
fsr-3148	80	30	institution	institution	NOUN
fsr-3148	80	31	,	,	PUNCT
fsr-3148	80	32	across	across	ADP
fsr-3148	80	33	several	several	ADJ
fsr-3148	80	34	ownership	ownership	NOUN
fsr-3148	80	35	categories	category	NOUN
fsr-3148	80	36	or	or	CCONJ
fsr-3148	80	37	through	through	ADP
fsr-3148	80	38	joint	joint	ADJ
fsr-3148	80	39	ownership	ownership	NOUN
fsr-3148	80	40	of	of	ADP
fsr-3148	80	41	deposited	deposit	VERB
fsr-3148	80	42	funds	fund	NOUN
fsr-3148	80	43	.	.	PUNCT
fsr-3148	81	1	investors	investor	NOUN
fsr-3148	81	2	should	should	AUX
fsr-3148	81	3	also	also	ADV
fsr-3148	81	4	realize	realize	VERB
fsr-3148	81	5	fdic	fdic	ADJ
fsr-3148	81	6	insurance	insurance	NOUN
fsr-3148	81	7	does	do	AUX
fsr-3148	81	8	not	not	PART
fsr-3148	81	9	protect	protect	VERB
fsr-3148	81	10	against	against	ADP
fsr-3148	81	11	losses	loss	NOUN
fsr-3148	81	12	on	on	ADP
fsr-3148	81	13	early	early	ADJ
fsr-3148	81	14	withdrawals	withdrawal	NOUN
fsr-3148	81	15	,	,	PUNCT
fsr-3148	81	16	which	which	PRON
fsr-3148	81	17	usually	usually	ADV
fsr-3148	81	18	come	come	VERB
fsr-3148	81	19	with	with	ADP
fsr-3148	81	20	heavy	heavy	ADJ
fsr-3148	81	21	penalties	penalty	NOUN
fsr-3148	81	22	or	or	CCONJ
fsr-3148	81	23	forfeiture	forfeiture	NOUN
fsr-3148	81	24	provisions.22	provisions.22	NOUN
fsr-3148	81	25	any	any	DET
fsr-3148	81	26	investment	investment	NOUN
fsr-3148	81	27	in	in	ADP
fsr-3148	81	28	a	a	DET
fsr-3148	81	29	structured	structured	ADJ
fsr-3148	81	30	cd	cd	NOUN
fsr-3148	81	31	over	over	ADP
fsr-3148	81	32	the	the	DET
fsr-3148	81	33	fdic	fdic	PROPN
fsr-3148	81	34	limit	limit	NOUN
fsr-3148	81	35	would	would	AUX
fsr-3148	81	36	further	far	ADV
fsr-3148	81	37	expose	expose	VERB
fsr-3148	81	38	investors	investor	NOUN
fsr-3148	81	39	to	to	ADP
fsr-3148	81	40	credit	credit	NOUN
fsr-3148	81	41	risk	risk	NOUN
fsr-3148	81	42	.	.	PUNCT
fsr-3148	82	1	3.2	3.2	NUM
fsr-3148	82	2	.	.	PUNCT
fsr-3148	83	1	liquidity	liquidity	NOUN
fsr-3148	83	2	and	and	CCONJ
fsr-3148	83	3	call	call	VERB
fsr-3148	83	4	risk	risk	NOUN
fsr-3148	83	5	there	there	PRON
fsr-3148	83	6	are	be	VERB
fsr-3148	83	7	no	no	DET
fsr-3148	83	8	public	public	ADJ
fsr-3148	83	9	sources	source	NOUN
fsr-3148	83	10	for	for	ADP
fsr-3148	83	11	market	market	NOUN
fsr-3148	83	12	prices	price	NOUN
fsr-3148	83	13	of	of	ADP
fsr-3148	83	14	structured	structured	ADJ
fsr-3148	83	15	cds	cd	NOUN
fsr-3148	83	16	or	or	CCONJ
fsr-3148	83	17	any	any	DET
fsr-3148	83	18	independent	independent	ADJ
fsr-3148	83	19	market	market	NOUN
fsr-3148	83	20	makers	maker	NOUN
fsr-3148	83	21	for	for	ADP
fsr-3148	83	22	structured	structured	ADJ
fsr-3148	83	23	cds	cd	NOUN
fsr-3148	83	24	.	.	PUNCT
fsr-3148	84	1	secondary	secondary	ADJ
fsr-3148	84	2	markets	market	NOUN
fsr-3148	84	3	for	for	ADP
fsr-3148	84	4	structured	structured	ADJ
fsr-3148	84	5	cds	cd	NOUN
fsr-3148	84	6	,	,	PUNCT
fsr-3148	84	7	like	like	ADP
fsr-3148	84	8	those	those	PRON
fsr-3148	84	9	for	for	ADP
fsr-3148	84	10	structured	structured	ADJ
fsr-3148	84	11	products	product	NOUN
fsr-3148	84	12	,	,	PUNCT
fsr-3148	84	13	may	may	AUX
fsr-3148	84	14	be	be	AUX
fsr-3148	84	15	limited	limit	VERB
fsr-3148	84	16	to	to	ADP
fsr-3148	84	17	the	the	DET
fsr-3148	84	18	broker	broker	NOUN
fsr-3148	84	19	-	-	PUNCT
fsr-3148	84	20	dealers	dealer	NOUN
fsr-3148	84	21	or	or	CCONJ
fsr-3148	84	22	banks	bank	NOUN
fsr-3148	84	23	who	who	PRON
fsr-3148	84	24	issued	issue	VERB
fsr-3148	84	25	them	they	PRON
fsr-3148	84	26	,	,	PUNCT
fsr-3148	84	27	which	which	PRON
fsr-3148	84	28	may	may	AUX
fsr-3148	84	29	in	in	ADP
fsr-3148	84	30	turn	turn	NOUN
fsr-3148	84	31	limit	limit	VERB
fsr-3148	84	32	the	the	DET
fsr-3148	84	33	price	price	NOUN
fsr-3148	84	34	at	at	ADP
fsr-3148	84	35	which	which	PRON
fsr-3148	84	36	an	an	DET
fsr-3148	84	37	investor	investor	NOUN
fsr-3148	84	38	can	can	AUX
fsr-3148	84	39	sell	sell	VERB
fsr-3148	84	40	his	his	PRON
fsr-3148	84	41	or	or	CCONJ
fsr-3148	84	42	her	her	PRON
fsr-3148	84	43	investment	investment	NOUN
fsr-3148	84	44	before	before	ADP
fsr-3148	84	45	maturity.23	maturity.23	PROPN
fsr-3148	84	46	we	we	PRON
fsr-3148	84	47	have	have	AUX
fsr-3148	84	48	not	not	PART
fsr-3148	84	49	included	include	VERB
fsr-3148	84	50	in	in	ADP
fsr-3148	84	51	our	our	PRON
fsr-3148	84	52	valuations	valuation	NOUN
fsr-3148	84	53	any	any	DET
fsr-3148	84	54	discount	discount	NOUN
fsr-3148	84	55	to	to	PART
fsr-3148	84	56	reflect	reflect	VERB
fsr-3148	84	57	the	the	DET
fsr-3148	84	58	illiquidity	illiquidity	NOUN
fsr-3148	84	59	of	of	ADP
fsr-3148	84	60	structured	structured	ADJ
fsr-3148	84	61	cds	cd	NOUN
fsr-3148	84	62	.	.	PUNCT
fsr-3148	85	1	therefore	therefore	ADV
fsr-3148	85	2	,	,	PUNCT
fsr-3148	85	3	our	our	PRON
fsr-3148	85	4	valuations	valuation	NOUN
fsr-3148	85	5	are	be	AUX
fsr-3148	85	6	conservative	conservative	ADJ
fsr-3148	85	7	.	.	PUNCT
fsr-3148	86	1	some	some	DET
fsr-3148	86	2	structured	structured	ADJ
fsr-3148	86	3	cds	cd	NOUN
fsr-3148	86	4	include	include	VERB
fsr-3148	86	5	a	a	DET
fsr-3148	86	6	call	call	NOUN
fsr-3148	86	7	feature	feature	NOUN
fsr-3148	86	8	whereby	whereby	SCONJ
fsr-3148	86	9	the	the	DET
fsr-3148	86	10	issuer	issuer	NOUN
fsr-3148	86	11	may	may	AUX
fsr-3148	86	12	redeem	redeem	VERB
fsr-3148	86	13	the	the	DET
fsr-3148	86	14	structured	structured	ADJ
fsr-3148	86	15	cd	cd	NOUN
fsr-3148	86	16	at	at	ADP
fsr-3148	86	17	par	par	NOUN
fsr-3148	86	18	at	at	ADP
fsr-3148	86	19	certain	certain	ADJ
fsr-3148	86	20	times	time	NOUN
fsr-3148	86	21	before	before	ADP
fsr-3148	86	22	maturity	maturity	NOUN
fsr-3148	86	23	.	.	PUNCT
fsr-3148	87	1	if	if	SCONJ
fsr-3148	87	2	a	a	DET
fsr-3148	87	3	structured	structure	VERB
fsr-3148	87	4	cds	cd	NOUN
fsr-3148	87	5	’	'	PUNCT
fsr-3148	87	6	underlying	underlie	VERB
fsr-3148	87	7	asset	asset	NOUN
fsr-3148	87	8	has	have	AUX
fsr-3148	87	9	increased	increase	VERB
fsr-3148	87	10	in	in	ADP
fsr-3148	87	11	value	value	NOUN
fsr-3148	87	12	and	and	CCONJ
fsr-3148	87	13	payment	payment	NOUN
fsr-3148	87	14	at	at	ADP
fsr-3148	87	15	maturity	maturity	NOUN
fsr-3148	87	16	is	be	AUX
fsr-3148	87	17	likely	likely	ADV
fsr-3148	87	18	large	large	ADJ
fsr-3148	87	19	,	,	PUNCT
fsr-3148	87	20	an	an	DET
fsr-3148	87	21	issuing	issue	VERB
fsr-3148	87	22	bank	bank	NOUN
fsr-3148	87	23	could	could	AUX
fsr-3148	87	24	in	in	ADP
fsr-3148	87	25	theory	theory	NOUN
fsr-3148	87	26	call	call	VERB
fsr-3148	87	27	back	back	ADP
fsr-3148	87	28	the	the	DET
fsr-3148	87	29	note	note	NOUN
fsr-3148	87	30	at	at	ADP
fsr-3148	87	31	par	par	NOUN
fsr-3148	87	32	,	,	PUNCT
fsr-3148	87	33	depriving	deprive	VERB
fsr-3148	87	34	the	the	DET
fsr-3148	87	35	investor	investor	NOUN
fsr-3148	87	36	of	of	ADP
fsr-3148	87	37	the	the	DET
fsr-3148	87	38	market	market	NOUN
fsr-3148	87	39	-	-	PUNCT
fsr-3148	87	40	linked	link	VERB
fsr-3148	87	41	return	return	NOUN
fsr-3148	87	42	despite	despite	SCONJ
fsr-3148	87	43	having	having	AUX
fsr-3148	87	44	tied	tie	VERB
fsr-3148	87	45	up	up	ADP
fsr-3148	87	46	his	his	PRON
fsr-3148	87	47	or	or	CCONJ
fsr-3148	87	48	her	her	PRON
fsr-3148	87	49	money	money	NOUN
fsr-3148	87	50	in	in	ADP
fsr-3148	87	51	the	the	DET
fsr-3148	87	52	structured	structured	ADJ
fsr-3148	87	53	cd	cd	PROPN
fsr-3148	87	54	.	.	PUNCT
fsr-3148	88	1	call	call	NOUN
fsr-3148	88	2	risk	risk	NOUN
fsr-3148	88	3	is	be	AUX
fsr-3148	88	4	,	,	PUNCT
fsr-3148	88	5	therefore	therefore	ADV
fsr-3148	88	6	,	,	PUNCT
fsr-3148	88	7	a	a	DET
fsr-3148	88	8	potentially	potentially	ADV
fsr-3148	88	9	significant	significant	ADJ
fsr-3148	88	10	factor	factor	NOUN
fsr-3148	88	11	in	in	ADP
fsr-3148	88	12	structured	structured	ADJ
fsr-3148	88	13	cd	cd	NOUN
fsr-3148	88	14	valuation	valuation	NOUN
fsr-3148	88	15	,	,	PUNCT
fsr-3148	88	16	though	though	SCONJ
fsr-3148	88	17	none	none	NOUN
fsr-3148	88	18	of	of	ADP
fsr-3148	88	19	the	the	DET
fsr-3148	88	20	products	product	NOUN
fsr-3148	88	21	in	in	ADP
fsr-3148	88	22	our	our	PRON
fsr-3148	88	23	valuation	valuation	NOUN
fsr-3148	88	24	sample	sample	NOUN
fsr-3148	88	25	are	be	AUX
fsr-3148	88	26	callable	callable	ADJ
fsr-3148	88	27	.	.	PUNCT
fsr-3148	89	1	4	4	X
fsr-3148	89	2	.	.	X
fsr-3148	89	3	valuing	value	VERB
fsr-3148	89	4	four	four	NUM
fsr-3148	89	5	common	common	ADJ
fsr-3148	89	6	structured	structured	ADJ
fsr-3148	89	7	cd	cd	NOUN
fsr-3148	89	8	types	type	NOUN
fsr-3148	89	9	the	the	DET
fsr-3148	89	10	following	follow	VERB
fsr-3148	89	11	four	four	NUM
fsr-3148	89	12	subsections	subsection	NOUN
fsr-3148	89	13	introduce	introduce	VERB
fsr-3148	89	14	common	common	ADJ
fsr-3148	89	15	product	product	NOUN
fsr-3148	89	16	structures	structure	NOUN
fsr-3148	89	17	found	find	VERB
fsr-3148	89	18	in	in	ADP
fsr-3148	89	19	our	our	PRON
fsr-3148	89	20	structured	structured	ADJ
fsr-3148	89	21	cd	cd	NOUN
fsr-3148	89	22	sample	sample	NOUN
fsr-3148	89	23	:	:	PUNCT
fsr-3148	89	24	contingent	contingent	NOUN
fsr-3148	89	25	coupon	coupon	NOUN
fsr-3148	89	26	,	,	PUNCT
fsr-3148	89	27	single	single	ADJ
fsr-3148	89	28	-	-	PUNCT
fsr-3148	89	29	observation	observation	NOUN
fsr-3148	89	30	,	,	PUNCT
fsr-3148	89	31	ratchet	ratchet	NOUN
fsr-3148	89	32	,	,	PUNCT
fsr-3148	89	33	and	and	CCONJ
fsr-3148	89	34	average	average	ADJ
fsr-3148	89	35	-	-	PUNCT
fsr-3148	89	36	value	value	NOUN
fsr-3148	89	37	cds	cd	NOUN
fsr-3148	89	38	.	.	PUNCT
fsr-3148	90	1	contingent	contingent	ADJ
fsr-3148	90	2	coupon	coupon	NOUN
fsr-3148	90	3	cds	cd	NOUN
fsr-3148	90	4	pay	pay	VERB
fsr-3148	90	5	periodic	periodic	ADJ
fsr-3148	90	6	coupons	coupon	NOUN
fsr-3148	90	7	based	base	VERB
fsr-3148	90	8	on	on	ADP
fsr-3148	90	9	the	the	DET
fsr-3148	90	10	return	return	NOUN
fsr-3148	90	11	of	of	ADP
fsr-3148	90	12	an	an	DET
fsr-3148	90	13	underlying	underlie	VERB
fsr-3148	90	14	asset	asset	NOUN
fsr-3148	90	15	.	.	PUNCT
fsr-3148	91	1	single	single	ADJ
fsr-3148	91	2	-	-	PUNCT
fsr-3148	91	3	observation	observation	NOUN
fsr-3148	91	4	cds	cd	NOUN
fsr-3148	91	5	pay	pay	VERB
fsr-3148	91	6	back	back	ADP
fsr-3148	91	7	principal	principal	NOUN
fsr-3148	91	8	at	at	ADP
fsr-3148	91	9	maturity	maturity	NOUN
fsr-3148	91	10	plus	plus	CCONJ
fsr-3148	91	11	an	an	DET
fsr-3148	91	12	interest	interest	NOUN
fsr-3148	91	13	component	component	NOUN
fsr-3148	91	14	that	that	PRON
fsr-3148	91	15	reflects	reflect	VERB
fsr-3148	91	16	the	the	DET
fsr-3148	91	17	return	return	NOUN
fsr-3148	91	18	of	of	ADP
fsr-3148	91	19	the	the	DET
fsr-3148	91	20	underlying	underlie	VERB
fsr-3148	91	21	asset	asset	NOUN
fsr-3148	91	22	over	over	ADP
fsr-3148	91	23	the	the	DET
fsr-3148	91	24	entire	entire	ADJ
fsr-3148	91	25	term	term	NOUN
fsr-3148	91	26	of	of	ADP
fsr-3148	91	27	the	the	DET
fsr-3148	91	28	cd	cd	PROPN
fsr-3148	91	29	.	.	PUNCT
fsr-3148	92	1	ratchet	ratchet	NOUN
fsr-3148	92	2	cds	cd	NOUN
fsr-3148	92	3	also	also	ADV
fsr-3148	92	4	payout	payout	VERB
fsr-3148	92	5	only	only	ADV
fsr-3148	92	6	at	at	ADP
fsr-3148	92	7	maturity	maturity	NOUN
fsr-3148	92	8	,	,	PUNCT
fsr-3148	92	9	but	but	CCONJ
fsr-3148	92	10	their	their	PRON
fsr-3148	92	11	interest	interest	NOUN
fsr-3148	92	12	component	component	NOUN
fsr-3148	92	13	is	be	AUX
fsr-3148	92	14	based	base	VERB
fsr-3148	92	15	on	on	ADP
fsr-3148	92	16	returns	return	NOUN
fsr-3148	92	17	calculated	calculate	VERB
fsr-3148	92	18	over	over	ADP
fsr-3148	92	19	several	several	ADJ
fsr-3148	92	20	periods	period	NOUN
fsr-3148	92	21	.	.	PUNCT
fsr-3148	93	1	the	the	DET
fsr-3148	93	2	interest	interest	NOUN
fsr-3148	93	3	component	component	NOUN
fsr-3148	93	4	of	of	ADP
fsr-3148	93	5	average	average	ADJ
fsr-3148	93	6	value	value	NOUN
fsr-3148	93	7	cds	cd	NOUN
fsr-3148	93	8	is	be	AUX
fsr-3148	93	9	based	base	VERB
fsr-3148	93	10	on	on	ADP
fsr-3148	93	11	the	the	DET
fsr-3148	93	12	average	average	NOUN
fsr-3148	93	13	of	of	ADP
fsr-3148	93	14	the	the	DET
fsr-3148	93	15	underlying	underlie	VERB
fsr-3148	93	16	asset	asset	NOUN
fsr-3148	93	17	level	level	NOUN
fsr-3148	93	18	at	at	ADP
fsr-3148	93	19	several	several	ADJ
fsr-3148	93	20	times	time	NOUN
fsr-3148	93	21	before	before	ADP
fsr-3148	93	22	maturity	maturity	NOUN
fsr-3148	93	23	.	.	PUNCT
fsr-3148	94	1	we	we	PRON
fsr-3148	94	2	present	present	VERB
fsr-3148	94	3	valuation	valuation	NOUN
fsr-3148	94	4	methods	method	NOUN
fsr-3148	94	5	for	for	ADP
fsr-3148	94	6	each	each	DET
fsr-3148	94	7	type	type	NOUN
fsr-3148	94	8	,	,	PUNCT
fsr-3148	94	9	along	along	ADP
fsr-3148	94	10	with	with	ADP
fsr-3148	94	11	example	example	NOUN
fsr-3148	94	12	valuations	valuation	NOUN
fsr-3148	94	13	.	.	PUNCT
fsr-3148	95	1	unless	unless	SCONJ
fsr-3148	95	2	otherwise	otherwise	ADV
fsr-3148	95	3	stated	state	VERB
fsr-3148	95	4	,	,	PUNCT
fsr-3148	95	5	we	we	PRON
fsr-3148	95	6	report	report	VERB
fsr-3148	95	7	the	the	DET
fsr-3148	95	8	simple	simple	ADJ
fsr-3148	95	9	average	average	NOUN
fsr-3148	95	10	of	of	ADP
fsr-3148	95	11	the	the	DET
fsr-3148	95	12	valuations	valuation	NOUN
fsr-3148	95	13	for	for	ADP
fsr-3148	95	14	investors	investor	NOUN
fsr-3148	95	15	aged	age	VERB
fsr-3148	95	16	25	25	NUM
fsr-3148	95	17	to	to	PART
fsr-3148	95	18	85	85	NUM
fsr-3148	95	19	.	.	PUNCT
fsr-3148	96	1	224	224	NUM
fsr-3148	96	2	g.	g.	PROPN
fsr-3148	96	3	deng	deng	PROPN
fsr-3148	96	4	et	et	PROPN
fsr-3148	96	5	al	al	PROPN
fsr-3148	96	6	.	.	PUNCT
fsr-3148	96	7	/	/	SYM
fsr-3148	96	8	financial	financial	ADJ
fsr-3148	96	9	services	service	NOUN
fsr-3148	96	10	review	review	VERB
fsr-3148	96	11	23	23	NUM
fsr-3148	96	12	(	(	PUNCT
fsr-3148	96	13	2014	2014	NUM
fsr-3148	96	14	)	)	PUNCT
fsr-3148	97	1	219–237	219–237	NUM
fsr-3148	97	2	4.1	4.1	NUM
fsr-3148	97	3	.	.	PUNCT
fsr-3148	98	1	contingent	contingent	ADJ
fsr-3148	98	2	coupon	coupon	NOUN
fsr-3148	98	3	cd	cd	VERB
fsr-3148	98	4	the	the	DET
fsr-3148	98	5	most	most	ADV
fsr-3148	98	6	common	common	ADJ
fsr-3148	98	7	type	type	NOUN
fsr-3148	98	8	of	of	ADP
fsr-3148	98	9	structured	structured	ADJ
fsr-3148	98	10	cd	cd	NOUN
fsr-3148	98	11	in	in	ADP
fsr-3148	98	12	our	our	PRON
fsr-3148	98	13	sample	sample	NOUN
fsr-3148	98	14	is	be	AUX
fsr-3148	98	15	called	call	VERB
fsr-3148	98	16	a	a	DET
fsr-3148	98	17	contingent	contingent	NOUN
fsr-3148	98	18	coupon	coupon	NOUN
fsr-3148	98	19	cd	cd	PROPN
fsr-3148	98	20	.	.	PUNCT
fsr-3148	99	1	contingent	contingent	PROPN
fsr-3148	99	2	coupon	coupon	NOUN
fsr-3148	99	3	cds	cd	NOUN
fsr-3148	99	4	are	be	AUX
fsr-3148	99	5	typically	typically	ADV
fsr-3148	99	6	linked	link	VERB
fsr-3148	99	7	to	to	ADP
fsr-3148	99	8	baskets	basket	NOUN
fsr-3148	99	9	of	of	ADP
fsr-3148	99	10	assets	asset	NOUN
fsr-3148	99	11	and	and	CCONJ
fsr-3148	99	12	pay	pay	VERB
fsr-3148	99	13	periodic	periodic	ADJ
fsr-3148	99	14	interest	interest	NOUN
fsr-3148	99	15	payments	payment	NOUN
fsr-3148	99	16	contingent	contingent	ADJ
fsr-3148	99	17	upon	upon	SCONJ
fsr-3148	99	18	the	the	DET
fsr-3148	99	19	return	return	NOUN
fsr-3148	99	20	of	of	ADP
fsr-3148	99	21	the	the	DET
fsr-3148	99	22	basket	basket	NOUN
fsr-3148	99	23	.	.	PUNCT
fsr-3148	100	1	before	before	ADP
fsr-3148	100	2	each	each	DET
fsr-3148	100	3	coupon	coupon	NOUN
fsr-3148	100	4	payment	payment	NOUN
fsr-3148	100	5	date	date	NOUN
fsr-3148	100	6	,	,	PUNCT
fsr-3148	100	7	the	the	DET
fsr-3148	100	8	prices	price	NOUN
fsr-3148	100	9	of	of	ADP
fsr-3148	100	10	the	the	DET
fsr-3148	100	11	basket	basket	NOUN
fsr-3148	100	12	elements	element	NOUN
fsr-3148	100	13	are	be	AUX
fsr-3148	100	14	observed	observe	VERB
fsr-3148	100	15	.	.	PUNCT
fsr-3148	101	1	returns	return	NOUN
fsr-3148	101	2	are	be	AUX
fsr-3148	101	3	calculated	calculate	VERB
fsr-3148	101	4	,	,	PUNCT
fsr-3148	101	5	capped	capped	ADJ
fsr-3148	101	6	and	and	CCONJ
fsr-3148	101	7	floored	floor	VERB
fsr-3148	101	8	to	to	PART
fsr-3148	101	9	produce	produce	VERB
fsr-3148	101	10	the	the	DET
fsr-3148	101	11	component	component	NOUN
fsr-3148	101	12	returns	return	NOUN
fsr-3148	101	13	.	.	PUNCT
fsr-3148	102	1	if	if	SCONJ
fsr-3148	102	2	the	the	DET
fsr-3148	102	3	weighted	weighted	ADJ
fsr-3148	102	4	average	average	NOUN
fsr-3148	102	5	of	of	ADP
fsr-3148	102	6	these	these	DET
fsr-3148	102	7	component	component	NOUN
fsr-3148	102	8	returns	return	NOUN
fsr-3148	102	9	is	be	AUX
fsr-3148	102	10	larger	large	ADJ
fsr-3148	102	11	than	than	ADP
fsr-3148	102	12	the	the	DET
fsr-3148	102	13	minimum	minimum	NOUN
fsr-3148	102	14	coupon	coupon	NOUN
fsr-3148	102	15	(	(	PUNCT
fsr-3148	102	16	usually	usually	ADV
fsr-3148	102	17	zero	zero	NUM
fsr-3148	102	18	)	)	PUNCT
fsr-3148	102	19	,	,	PUNCT
fsr-3148	102	20	then	then	ADV
fsr-3148	102	21	a	a	DET
fsr-3148	102	22	market	market	NOUN
fsr-3148	102	23	-	-	PUNCT
fsr-3148	102	24	contingent	contingent	NOUN
fsr-3148	102	25	coupon	coupon	NOUN
fsr-3148	102	26	payment	payment	NOUN
fsr-3148	102	27	is	be	AUX
fsr-3148	102	28	paid	pay	VERB
fsr-3148	102	29	to	to	ADP
fsr-3148	102	30	the	the	DET
fsr-3148	102	31	investor	investor	NOUN
fsr-3148	102	32	.	.	PUNCT
fsr-3148	103	1	otherwise	otherwise	ADV
fsr-3148	103	2	,	,	PUNCT
fsr-3148	103	3	the	the	DET
fsr-3148	103	4	minimum	minimum	ADJ
fsr-3148	103	5	coupon	coupon	NOUN
fsr-3148	103	6	is	be	AUX
fsr-3148	103	7	paid	pay	VERB
fsr-3148	103	8	to	to	ADP
fsr-3148	103	9	the	the	DET
fsr-3148	103	10	investor	investor	NOUN
fsr-3148	103	11	,	,	PUNCT
fsr-3148	103	12	which	which	PRON
fsr-3148	103	13	could	could	AUX
fsr-3148	103	14	be	be	AUX
fsr-3148	103	15	zero	zero	NUM
fsr-3148	103	16	.	.	PUNCT
fsr-3148	104	1	component	component	NOUN
fsr-3148	104	2	returns	return	NOUN
fsr-3148	104	3	for	for	ADP
fsr-3148	104	4	this	this	DET
fsr-3148	104	5	type	type	NOUN
fsr-3148	104	6	of	of	ADP
fsr-3148	104	7	cd	cd	PROPN
fsr-3148	104	8	are	be	AUX
fsr-3148	104	9	calculated	calculate	VERB
fsr-3148	104	10	in	in	ADP
fsr-3148	104	11	one	one	NUM
fsr-3148	104	12	of	of	ADP
fsr-3148	104	13	two	two	NUM
fsr-3148	104	14	ways	way	NOUN
fsr-3148	104	15	:	:	PUNCT
fsr-3148	104	16	unbuffered	unbuffered	ADJ
fsr-3148	104	17	or	or	CCONJ
fsr-3148	104	18	buffered	buffer	VERB
fsr-3148	104	19	.	.	PUNCT
fsr-3148	105	1	an	an	DET
fsr-3148	105	2	unbuffered	unbuffered	ADJ
fsr-3148	105	3	component	component	NOUN
fsr-3148	105	4	return	return	NOUN
fsr-3148	105	5	is	be	AUX
fsr-3148	105	6	a	a	DET
fsr-3148	105	7	continuous	continuous	ADJ
fsr-3148	105	8	function	function	NOUN
fsr-3148	105	9	of	of	ADP
fsr-3148	105	10	the	the	DET
fsr-3148	105	11	basket	basket	NOUN
fsr-3148	105	12	element	element	NOUN
fsr-3148	105	13	’s	’s	PART
fsr-3148	105	14	return	return	NOUN
fsr-3148	105	15	.	.	PUNCT
fsr-3148	106	1	with	with	ADP
fsr-3148	106	2	a	a	DET
fsr-3148	106	3	buffered	buffer	VERB
fsr-3148	106	4	component	component	NOUN
fsr-3148	106	5	return	return	NOUN
fsr-3148	106	6	cd	cd	PROPN
fsr-3148	106	7	,	,	PUNCT
fsr-3148	106	8	if	if	SCONJ
fsr-3148	106	9	the	the	DET
fsr-3148	106	10	basket	basket	NOUN
fsr-3148	106	11	element	element	NOUN
fsr-3148	106	12	’s	’s	PART
fsr-3148	106	13	return	return	NOUN
fsr-3148	106	14	is	be	AUX
fsr-3148	106	15	larger	large	ADJ
fsr-3148	106	16	than	than	ADP
fsr-3148	106	17	the	the	DET
fsr-3148	106	18	buffer	buffer	NOUN
fsr-3148	106	19	level	level	NOUN
fsr-3148	106	20	,	,	PUNCT
fsr-3148	106	21	then	then	ADV
fsr-3148	106	22	the	the	DET
fsr-3148	106	23	investor	investor	NOUN
fsr-3148	106	24	is	be	AUX
fsr-3148	106	25	credited	credit	VERB
fsr-3148	106	26	with	with	ADP
fsr-3148	106	27	the	the	DET
fsr-3148	106	28	maximum	maximum	ADJ
fsr-3148	106	29	return	return	NOUN
fsr-3148	106	30	(	(	PUNCT
fsr-3148	106	31	the	the	DET
fsr-3148	106	32	return	return	NOUN
fsr-3148	106	33	cap	cap	NOUN
fsr-3148	106	34	)	)	PUNCT
fsr-3148	106	35	.	.	PUNCT
fsr-3148	107	1	the	the	DET
fsr-3148	107	2	payoff	payoff	NOUN
fsr-3148	107	3	of	of	ADP
fsr-3148	107	4	unbuffered	unbuffered	ADJ
fsr-3148	107	5	structured	structure	VERB
fsr-3148	107	6	cds	cd	NOUN
fsr-3148	107	7	includes	include	VERB
fsr-3148	107	8	payoffs	payoff	NOUN
fsr-3148	107	9	to	to	ADP
fsr-3148	107	10	vanilla	vanilla	NOUN
fsr-3148	107	11	european	european	ADJ
fsr-3148	107	12	options	option	NOUN
fsr-3148	107	13	and	and	CCONJ
fsr-3148	107	14	the	the	DET
fsr-3148	107	15	payoff	payoff	NOUN
fsr-3148	107	16	of	of	ADP
fsr-3148	107	17	buffered	buffer	VERB
fsr-3148	107	18	structured	structured	ADJ
fsr-3148	107	19	cds	cd	NOUN
fsr-3148	107	20	includes	include	VERB
fsr-3148	107	21	payoffs	payoff	NOUN
fsr-3148	107	22	to	to	ADP
fsr-3148	107	23	both	both	PRON
fsr-3148	107	24	vanilla	vanilla	NOUN
fsr-3148	107	25	and	and	CCONJ
fsr-3148	107	26	binary	binary	ADJ
fsr-3148	107	27	options	option	NOUN
fsr-3148	107	28	.	.	PUNCT
fsr-3148	108	1	for	for	ADP
fsr-3148	108	2	the	the	DET
fsr-3148	108	3	same	same	ADJ
fsr-3148	108	4	level	level	NOUN
fsr-3148	108	5	of	of	ADP
fsr-3148	108	6	cap	cap	NOUN
fsr-3148	108	7	and	and	CCONJ
fsr-3148	108	8	floor	floor	NOUN
fsr-3148	108	9	,	,	PUNCT
fsr-3148	108	10	a	a	DET
fsr-3148	108	11	buffered	buffer	VERB
fsr-3148	108	12	cd	cd	NOUN
fsr-3148	108	13	would	would	AUX
fsr-3148	108	14	be	be	AUX
fsr-3148	108	15	worth	worth	ADJ
fsr-3148	108	16	more	more	ADJ
fsr-3148	108	17	than	than	ADP
fsr-3148	108	18	an	an	DET
fsr-3148	108	19	unbuffered	unbuffered	ADJ
fsr-3148	108	20	cd	cd	NOUN
fsr-3148	108	21	(	(	PUNCT
fsr-3148	108	22	assuming	assume	VERB
fsr-3148	108	23	the	the	DET
fsr-3148	108	24	buffer	buffer	NOUN
fsr-3148	108	25	is	be	AUX
fsr-3148	108	26	less	less	ADJ
fsr-3148	108	27	than	than	ADP
fsr-3148	108	28	the	the	DET
fsr-3148	108	29	cap	cap	NOUN
fsr-3148	108	30	)	)	PUNCT
fsr-3148	108	31	.	.	PUNCT
fsr-3148	109	1	as	as	ADP
fsr-3148	109	2	a	a	DET
fsr-3148	109	3	result	result	NOUN
fsr-3148	109	4	,	,	PUNCT
fsr-3148	109	5	for	for	ADP
fsr-3148	109	6	a	a	DET
fsr-3148	109	7	buffered	buffer	VERB
fsr-3148	109	8	cd	cd	NOUN
fsr-3148	109	9	and	and	CCONJ
fsr-3148	109	10	an	an	DET
fsr-3148	109	11	unbuffered	unbuffered	ADJ
fsr-3148	109	12	cd	cd	NOUN
fsr-3148	109	13	to	to	PART
fsr-3148	109	14	be	be	AUX
fsr-3148	109	15	similarly	similarly	ADV
fsr-3148	109	16	profitable	profitable	ADJ
fsr-3148	109	17	,	,	PUNCT
fsr-3148	109	18	either	either	CCONJ
fsr-3148	109	19	the	the	DET
fsr-3148	109	20	return	return	NOUN
fsr-3148	109	21	cap	cap	NOUN
fsr-3148	109	22	or	or	CCONJ
fsr-3148	109	23	return	return	NOUN
fsr-3148	109	24	floor	floor	NOUN
fsr-3148	109	25	must	must	AUX
fsr-3148	109	26	be	be	AUX
fsr-3148	109	27	lower	low	ADJ
fsr-3148	109	28	on	on	ADP
fsr-3148	109	29	the	the	DET
fsr-3148	109	30	unbuffered	unbuffered	PROPN
fsr-3148	109	31	cd	cd	PROPN
fsr-3148	109	32	,	,	PUNCT
fsr-3148	109	33	all	all	DET
fsr-3148	109	34	else	else	ADV
fsr-3148	109	35	equal	equal	ADJ
fsr-3148	109	36	.	.	PUNCT
fsr-3148	110	1	for	for	ADP
fsr-3148	110	2	an	an	DET
fsr-3148	110	3	example	example	NOUN
fsr-3148	110	4	valuation	valuation	NOUN
fsr-3148	110	5	,	,	PUNCT
fsr-3148	110	6	we	we	PRON
fsr-3148	110	7	take	take	VERB
fsr-3148	110	8	the	the	DET
fsr-3148	110	9	contingent	contingent	NOUN
fsr-3148	110	10	coupon	coupon	NOUN
fsr-3148	110	11	cd	cd	NOUN
fsr-3148	110	12	issued	issue	VERB
fsr-3148	110	13	by	by	ADP
fsr-3148	110	14	barclays	barclays	PROPN
fsr-3148	110	15	bank	bank	PROPN
fsr-3148	110	16	delaware	delaware	PROPN
fsr-3148	110	17	on	on	ADP
fsr-3148	110	18	february	february	PROPN
fsr-3148	110	19	29	29	NUM
fsr-3148	110	20	,	,	PUNCT
fsr-3148	110	21	2012	2012	NUM
fsr-3148	110	22	,	,	PUNCT
fsr-3148	110	23	maturing	mature	VERB
fsr-3148	110	24	on	on	ADP
fsr-3148	110	25	february	february	PROPN
fsr-3148	110	26	28	28	NUM
fsr-3148	110	27	,	,	PUNCT
fsr-3148	110	28	2019	2019	NUM
fsr-3148	110	29	.	.	PUNCT
fsr-3148	111	1	the	the	DET
fsr-3148	111	2	cusip	cusip	NOUN
fsr-3148	111	3	for	for	ADP
fsr-3148	111	4	this	this	DET
fsr-3148	111	5	cd	cd	NOUN
fsr-3148	111	6	is	be	AUX
fsr-3148	111	7	06740arx9	06740arx9	NUM
fsr-3148	111	8	and	and	CCONJ
fsr-3148	111	9	the	the	DET
fsr-3148	111	10	aggregate	aggregate	ADJ
fsr-3148	111	11	issue	issue	NOUN
fsr-3148	111	12	size	size	NOUN
fsr-3148	111	13	is	be	AUX
fsr-3148	111	14	$	$	SYM
fsr-3148	111	15	2,915,000	2,915,000	NUM
fsr-3148	111	16	.	.	PUNCT
fsr-3148	112	1	the	the	DET
fsr-3148	112	2	cd	cd	PROPN
fsr-3148	112	3	was	be	AUX
fsr-3148	112	4	linked	link	VERB
fsr-3148	112	5	to	to	ADP
fsr-3148	112	6	an	an	DET
fsr-3148	112	7	equally	equally	ADV
fsr-3148	112	8	weighted	weight	VERB
fsr-3148	112	9	basket	basket	NOUN
fsr-3148	112	10	of	of	ADP
fsr-3148	112	11	10	10	NUM
fsr-3148	112	12	equities	equity	NOUN
fsr-3148	112	13	.	.	PUNCT
fsr-3148	113	1	barclays	barclay	NOUN
fsr-3148	113	2	paid	pay	VERB
fsr-3148	113	3	coupons	coupon	NOUN
fsr-3148	113	4	annually	annually	ADV
fsr-3148	113	5	at	at	ADP
fsr-3148	113	6	a	a	DET
fsr-3148	113	7	rate	rate	NOUN
fsr-3148	113	8	determined	determine	VERB
fsr-3148	113	9	by	by	ADP
fsr-3148	113	10	a	a	DET
fsr-3148	113	11	floor	floor	NOUN
fsr-3148	113	12	of	of	ADP
fsr-3148	113	13	�	�	PROPN
fsr-3148	113	14	25	25	NUM
fsr-3148	113	15	%	%	NOUN
fsr-3148	113	16	,	,	PUNCT
fsr-3148	113	17	a	a	DET
fsr-3148	113	18	cap	cap	NOUN
fsr-3148	113	19	of	of	ADP
fsr-3148	113	20	between	between	ADP
fsr-3148	113	21	6.5	6.5	NUM
fsr-3148	113	22	%	%	NOUN
fsr-3148	113	23	and	and	CCONJ
fsr-3148	113	24	9.5	9.5	NUM
fsr-3148	113	25	%	%	NOUN
fsr-3148	113	26	and	and	CCONJ
fsr-3148	113	27	a	a	DET
fsr-3148	113	28	buffer	buffer	NOUN
fsr-3148	113	29	of	of	ADP
fsr-3148	113	30	0	0	NUM
fsr-3148	113	31	%	%	NOUN
fsr-3148	113	32	.	.	PUNCT
fsr-3148	114	1	we	we	PRON
fsr-3148	114	2	assumed	assume	VERB
fsr-3148	114	3	a	a	DET
fsr-3148	114	4	cap	cap	NOUN
fsr-3148	114	5	of	of	ADP
fsr-3148	114	6	8	8	NUM
fsr-3148	114	7	%	%	NOUN
fsr-3148	114	8	when	when	SCONJ
fsr-3148	114	9	valuing	value	VERB
fsr-3148	114	10	this	this	DET
fsr-3148	114	11	buffered	buffer	VERB
fsr-3148	114	12	contingent	contingent	NOUN
fsr-3148	114	13	coupon	coupon	NOUN
fsr-3148	114	14	cd	cd	NOUN
fsr-3148	114	15	and	and	CCONJ
fsr-3148	114	16	found	find	VERB
fsr-3148	114	17	that	that	SCONJ
fsr-3148	114	18	the	the	DET
fsr-3148	114	19	cd	cd	PROPN
fsr-3148	114	20	was	be	AUX
fsr-3148	114	21	worth	worth	ADJ
fsr-3148	114	22	approximately	approximately	ADV
fsr-3148	114	23	$	$	SYM
fsr-3148	114	24	933.79	933.79	NUM
fsr-3148	114	25	per	per	ADP
fsr-3148	114	26	$	$	SYM
fsr-3148	114	27	1,000	1,000	NUM
fsr-3148	114	28	face	face	NOUN
fsr-3148	114	29	value	value	NOUN
fsr-3148	114	30	cd	cd	PROPN
fsr-3148	114	31	;	;	PUNCT
fsr-3148	114	32	�	�	PROPN
fsr-3148	114	33	91	91	NUM
fsr-3148	114	34	%	%	NOUN
fsr-3148	114	35	of	of	ADP
fsr-3148	114	36	the	the	DET
fsr-3148	114	37	value	value	NOUN
fsr-3148	114	38	of	of	ADP
fsr-3148	114	39	a	a	DET
fsr-3148	114	40	contemporaneously	contemporaneously	ADV
fsr-3148	114	41	issued	issue	VERB
fsr-3148	114	42	fixed	fix	VERB
fsr-3148	114	43	-	-	PUNCT
fsr-3148	114	44	rate	rate	NOUN
fsr-3148	114	45	cd.24	cd.24	NOUN
fsr-3148	114	46	we	we	PRON
fsr-3148	114	47	found	find	VERB
fsr-3148	114	48	that	that	SCONJ
fsr-3148	114	49	in	in	ADP
fsr-3148	114	50	two	two	NUM
fsr-3148	114	51	-	-	PUNCT
fsr-3148	114	52	thirds	third	NOUN
fsr-3148	114	53	of	of	ADP
fsr-3148	114	54	the	the	DET
fsr-3148	114	55	simulations	simulation	NOUN
fsr-3148	114	56	,	,	PUNCT
fsr-3148	114	57	investors	investor	NOUN
fsr-3148	114	58	received	receive	VERB
fsr-3148	114	59	only	only	ADV
fsr-3148	114	60	the	the	DET
fsr-3148	114	61	minimum	minimum	ADJ
fsr-3148	114	62	return	return	NOUN
fsr-3148	114	63	.	.	PUNCT
fsr-3148	115	1	as	as	ADP
fsr-3148	115	2	an	an	DET
fsr-3148	115	3	example	example	NOUN
fsr-3148	115	4	of	of	ADP
fsr-3148	115	5	an	an	DET
fsr-3148	115	6	unbuffered	unbuffered	ADJ
fsr-3148	115	7	contingent	contingent	NOUN
fsr-3148	115	8	coupon	coupon	NOUN
fsr-3148	115	9	cd	cd	PROPN
fsr-3148	115	10	,	,	PUNCT
fsr-3148	115	11	we	we	PRON
fsr-3148	115	12	use	use	VERB
fsr-3148	115	13	the	the	DET
fsr-3148	115	14	jp	jp	NOUN
fsr-3148	115	15	morgan	morgan	PROPN
fsr-3148	115	16	cds	cds	PROPN
fsr-3148	115	17	issued	issue	VERB
fsr-3148	115	18	on	on	ADP
fsr-3148	115	19	february	february	PROPN
fsr-3148	115	20	29	29	NUM
fsr-3148	115	21	,	,	PUNCT
fsr-3148	115	22	2012	2012	NUM
fsr-3148	115	23	with	with	ADP
fsr-3148	115	24	an	an	DET
fsr-3148	115	25	aggregate	aggregate	ADJ
fsr-3148	115	26	face	face	NOUN
fsr-3148	115	27	value	value	NOUN
fsr-3148	115	28	of	of	ADP
fsr-3148	115	29	$	$	SYM
fsr-3148	115	30	4,241,000	4,241,000	NUM
fsr-3148	115	31	(	(	PUNCT
fsr-3148	115	32	cusip	cusip	NOUN
fsr-3148	115	33	:	:	PUNCT
fsr-3148	115	34	48123y6g6	48123y6g6	NUM
fsr-3148	115	35	)	)	PUNCT
fsr-3148	115	36	.	.	PUNCT
fsr-3148	116	1	the	the	DET
fsr-3148	116	2	products	product	NOUN
fsr-3148	116	3	included	include	VERB
fsr-3148	116	4	a	a	DET
fsr-3148	116	5	return	return	NOUN
fsr-3148	116	6	cap	cap	NOUN
fsr-3148	116	7	of	of	ADP
fsr-3148	116	8	at	at	ADV
fsr-3148	116	9	least	least	ADV
fsr-3148	116	10	6	6	NUM
fsr-3148	116	11	%	%	NOUN
fsr-3148	116	12	and	and	CCONJ
fsr-3148	116	13	paid	pay	VERB
fsr-3148	116	14	coupons	coupon	NOUN
fsr-3148	116	15	annually	annually	ADV
fsr-3148	116	16	with	with	ADP
fsr-3148	116	17	a	a	DET
fsr-3148	116	18	minimum	minimum	ADJ
fsr-3148	116	19	coupon	coupon	NOUN
fsr-3148	116	20	rate	rate	NOUN
fsr-3148	116	21	is	be	AUX
fsr-3148	116	22	0.25	0.25	NUM
fsr-3148	116	23	%	%	NOUN
fsr-3148	116	24	per	per	ADP
fsr-3148	116	25	annum	annum	NOUN
fsr-3148	116	26	.	.	PUNCT
fsr-3148	117	1	the	the	DET
fsr-3148	117	2	return	return	NOUN
fsr-3148	117	3	floor	floor	NOUN
fsr-3148	117	4	for	for	ADP
fsr-3148	117	5	this	this	DET
fsr-3148	117	6	product	product	NOUN
fsr-3148	117	7	is	be	AUX
fsr-3148	117	8	�	�	NOUN
fsr-3148	117	9	30	30	NUM
fsr-3148	117	10	%	%	NOUN
fsr-3148	117	11	.	.	PUNCT
fsr-3148	118	1	the	the	DET
fsr-3148	118	2	cds	cd	NOUN
fsr-3148	118	3	mature	mature	VERB
fsr-3148	118	4	in	in	ADP
fsr-3148	118	5	seven	seven	NUM
fsr-3148	118	6	years	year	NOUN
fsr-3148	118	7	on	on	ADP
fsr-3148	118	8	february	february	PROPN
fsr-3148	118	9	28	28	NUM
fsr-3148	118	10	,	,	PUNCT
fsr-3148	118	11	2019	2019	NUM
fsr-3148	118	12	.	.	PUNCT
fsr-3148	119	1	assuming	assume	VERB
fsr-3148	119	2	a	a	DET
fsr-3148	119	3	6	6	NUM
fsr-3148	119	4	%	%	NOUN
fsr-3148	119	5	cap	cap	NOUN
fsr-3148	119	6	,	,	PUNCT
fsr-3148	119	7	we	we	PRON
fsr-3148	119	8	value	value	VERB
fsr-3148	119	9	the	the	DET
fsr-3148	119	10	jp	jp	NOUN
fsr-3148	119	11	morgan	morgan	PROPN
fsr-3148	119	12	unbuffered	unbuffered	PROPN
fsr-3148	119	13	contingent	contingent	NOUN
fsr-3148	119	14	coupon	coupon	NOUN
fsr-3148	119	15	cd	cd	NOUN
fsr-3148	119	16	at	at	ADP
fsr-3148	119	17	$	$	SYM
fsr-3148	119	18	933.88	933.88	NUM
fsr-3148	119	19	per	per	ADP
fsr-3148	119	20	$	$	SYM
fsr-3148	119	21	1,000	1,000	NUM
fsr-3148	119	22	face	face	NOUN
fsr-3148	119	23	value	value	NOUN
fsr-3148	119	24	cd	cd	PROPN
fsr-3148	119	25	;	;	PUNCT
fsr-3148	119	26	�	�	PROPN
fsr-3148	119	27	91	91	NUM
fsr-3148	119	28	%	%	NOUN
fsr-3148	119	29	of	of	ADP
fsr-3148	119	30	the	the	DET
fsr-3148	119	31	value	value	NOUN
fsr-3148	119	32	of	of	ADP
fsr-3148	119	33	a	a	DET
fsr-3148	119	34	contemporaneously	contemporaneously	ADV
fsr-3148	119	35	issued	issue	VERB
fsr-3148	119	36	fixed	fix	VERB
fsr-3148	119	37	-	-	PUNCT
fsr-3148	119	38	rate	rate	NOUN
fsr-3148	119	39	cd	cd	PROPN
fsr-3148	119	40	.	.	PUNCT
fsr-3148	120	1	in	in	ADP
fsr-3148	120	2	this	this	DET
fsr-3148	120	3	case	case	NOUN
fsr-3148	120	4	,	,	PUNCT
fsr-3148	120	5	investors	investor	NOUN
fsr-3148	120	6	received	receive	VERB
fsr-3148	120	7	the	the	DET
fsr-3148	120	8	minimum	minimum	ADJ
fsr-3148	120	9	return	return	NOUN
fsr-3148	120	10	in	in	ADP
fsr-3148	120	11	�	�	PROPN
fsr-3148	120	12	80	80	NUM
fsr-3148	120	13	%	%	NOUN
fsr-3148	120	14	of	of	ADP
fsr-3148	120	15	the	the	DET
fsr-3148	120	16	simulations	simulation	NOUN
fsr-3148	120	17	.	.	PUNCT
fsr-3148	121	1	the	the	DET
fsr-3148	121	2	increase	increase	NOUN
fsr-3148	121	3	in	in	ADP
fsr-3148	121	4	this	this	DET
fsr-3148	121	5	statistic	statistic	NOUN
fsr-3148	121	6	relative	relative	ADJ
fsr-3148	121	7	to	to	ADP
fsr-3148	121	8	the	the	DET
fsr-3148	121	9	buffered	buffer	VERB
fsr-3148	121	10	example	example	NOUN
fsr-3148	121	11	can	can	AUX
fsr-3148	121	12	be	be	AUX
fsr-3148	121	13	traced	trace	VERB
fsr-3148	121	14	to	to	ADP
fsr-3148	121	15	the	the	DET
fsr-3148	121	16	fact	fact	NOUN
fsr-3148	121	17	that	that	SCONJ
fsr-3148	121	18	this	this	DET
fsr-3148	121	19	cd	cd	PROPN
fsr-3148	121	20	includes	include	VERB
fsr-3148	121	21	a	a	DET
fsr-3148	121	22	nonzero	nonzero	ADJ
fsr-3148	121	23	minimum	minimum	NOUN
fsr-3148	121	24	coupon	coupon	NOUN
fsr-3148	121	25	.	.	PUNCT
fsr-3148	122	1	fig	fig	NOUN
fsr-3148	122	2	.	.	PUNCT
fsr-3148	123	1	2	2	NUM
fsr-3148	123	2	illustrates	illustrate	VERB
fsr-3148	123	3	the	the	DET
fsr-3148	123	4	component	component	NOUN
fsr-3148	123	5	return	return	NOUN
fsr-3148	123	6	results	result	NOUN
fsr-3148	123	7	for	for	ADP
fsr-3148	123	8	a	a	DET
fsr-3148	123	9	given	give	VERB
fsr-3148	123	10	basket	basket	NOUN
fsr-3148	123	11	element	element	NOUN
fsr-3148	123	12	return	return	NOUN
fsr-3148	123	13	as	as	ADP
fsr-3148	123	14	of	of	ADP
fsr-3148	123	15	each	each	DET
fsr-3148	123	16	coupon	coupon	NOUN
fsr-3148	123	17	date	date	NOUN
fsr-3148	123	18	for	for	ADP
fsr-3148	123	19	both	both	CCONJ
fsr-3148	123	20	the	the	DET
fsr-3148	123	21	unbuffered	unbuffered	ADJ
fsr-3148	123	22	example	example	NOUN
fsr-3148	123	23	and	and	CCONJ
fsr-3148	123	24	buffered	buffer	VERB
fsr-3148	123	25	examples	example	NOUN
fsr-3148	123	26	discussed	discuss	VERB
fsr-3148	123	27	above	above	ADV
fsr-3148	123	28	.	.	PUNCT
fsr-3148	124	1	4.2	4.2	NUM
fsr-3148	124	2	.	.	PUNCT
fsr-3148	125	1	ratchet	ratchet	NOUN
fsr-3148	125	2	cd	cd	PROPN
fsr-3148	125	3	a	a	DET
fsr-3148	125	4	second	second	ADJ
fsr-3148	125	5	common	common	ADJ
fsr-3148	125	6	type	type	NOUN
fsr-3148	125	7	of	of	ADP
fsr-3148	125	8	structured	structured	ADJ
fsr-3148	125	9	cd	cd	PROPN
fsr-3148	125	10	is	be	AUX
fsr-3148	125	11	the	the	DET
fsr-3148	125	12	“	"	PUNCT
fsr-3148	125	13	ratchet	ratchet	NOUN
fsr-3148	125	14	cd	cd	PROPN
fsr-3148	125	15	,	,	PUNCT
fsr-3148	125	16	”	"	PUNCT
fsr-3148	125	17	also	also	ADV
fsr-3148	125	18	known	know	VERB
fsr-3148	125	19	as	as	ADP
fsr-3148	125	20	a	a	DET
fsr-3148	125	21	“	"	PUNCT
fsr-3148	125	22	cliquet	cliquet	NOUN
fsr-3148	125	23	cd	cd	PROPN
fsr-3148	125	24	.	.	PUNCT
fsr-3148	125	25	”	"	PUNCT
fsr-3148	126	1	the	the	DET
fsr-3148	126	2	issuer	issuer	NOUN
fsr-3148	126	3	of	of	ADP
fsr-3148	126	4	a	a	DET
fsr-3148	126	5	ratchet	ratchet	NOUN
fsr-3148	126	6	cd	cd	NOUN
fsr-3148	126	7	observes	observe	VERB
fsr-3148	126	8	the	the	DET
fsr-3148	126	9	underlying	underlie	VERB
fsr-3148	126	10	asset	asset	NOUN
fsr-3148	126	11	’s	’s	PART
fsr-3148	126	12	price	price	NOUN
fsr-3148	126	13	or	or	CCONJ
fsr-3148	126	14	level	level	NOUN
fsr-3148	126	15	at	at	ADP
fsr-3148	126	16	several	several	ADJ
fsr-3148	126	17	225	225	NUM
fsr-3148	126	18	g.	g.	PROPN
fsr-3148	126	19	deng	deng	PROPN
fsr-3148	126	20	et	et	PROPN
fsr-3148	126	21	al	al	PROPN
fsr-3148	126	22	.	.	PUNCT
fsr-3148	126	23	/	/	SYM
fsr-3148	126	24	financial	financial	ADJ
fsr-3148	126	25	services	service	NOUN
fsr-3148	126	26	review	review	VERB
fsr-3148	126	27	23	23	NUM
fsr-3148	126	28	(	(	PUNCT
fsr-3148	126	29	2014	2014	NUM
fsr-3148	126	30	)	)	PUNCT
fsr-3148	126	31	219–237	219–237	NUM
fsr-3148	126	32	points	point	NOUN
fsr-3148	126	33	during	during	ADP
fsr-3148	126	34	the	the	DET
fsr-3148	126	35	term	term	NOUN
fsr-3148	126	36	of	of	ADP
fsr-3148	126	37	the	the	DET
fsr-3148	126	38	cd	cd	PROPN
fsr-3148	126	39	and	and	CCONJ
fsr-3148	126	40	calculates	calculate	VERB
fsr-3148	126	41	returns	return	NOUN
fsr-3148	126	42	between	between	ADP
fsr-3148	126	43	each	each	DET
fsr-3148	126	44	observation	observation	NOUN
fsr-3148	126	45	date	date	NOUN
fsr-3148	126	46	.	.	PUNCT
fsr-3148	127	1	a	a	DET
fsr-3148	127	2	local	local	ADJ
fsr-3148	127	3	cap	cap	NOUN
fsr-3148	127	4	,	,	PUNCT
fsr-3148	127	5	and	and	CCONJ
fsr-3148	127	6	sometimes	sometimes	ADV
fsr-3148	127	7	a	a	DET
fsr-3148	127	8	local	local	ADJ
fsr-3148	127	9	floor	floor	NOUN
fsr-3148	127	10	,	,	PUNCT
fsr-3148	127	11	is	be	AUX
fsr-3148	127	12	applied	apply	VERB
fsr-3148	127	13	to	to	ADP
fsr-3148	127	14	each	each	PRON
fsr-3148	127	15	of	of	ADP
fsr-3148	127	16	the	the	DET
fsr-3148	127	17	observed	observed	ADJ
fsr-3148	127	18	returns	return	NOUN
fsr-3148	127	19	.	.	PUNCT
fsr-3148	128	1	at	at	ADP
fsr-3148	128	2	maturity	maturity	NOUN
fsr-3148	128	3	,	,	PUNCT
fsr-3148	128	4	the	the	DET
fsr-3148	128	5	observed	observed	ADJ
fsr-3148	128	6	returns	return	NOUN
fsr-3148	128	7	are	be	AUX
fsr-3148	128	8	summed	sum	VERB
fsr-3148	128	9	,	,	PUNCT
fsr-3148	128	10	and	and	CCONJ
fsr-3148	128	11	a	a	DET
fsr-3148	128	12	global	global	ADJ
fsr-3148	128	13	floor	floor	NOUN
fsr-3148	128	14	is	be	AUX
fsr-3148	128	15	then	then	ADV
fsr-3148	128	16	applied	apply	VERB
fsr-3148	128	17	;	;	PUNCT
fsr-3148	128	18	usually	usually	ADV
fsr-3148	128	19	a	a	DET
fsr-3148	128	20	minimum	minimum	ADJ
fsr-3148	128	21	return	return	NOUN
fsr-3148	128	22	or	or	CCONJ
fsr-3148	128	23	0	0	NUM
fsr-3148	128	24	%	%	NOUN
fsr-3148	128	25	(	(	PUNCT
fsr-3148	128	26	corresponding	correspond	VERB
fsr-3148	128	27	to	to	ADP
fsr-3148	128	28	a	a	DET
fsr-3148	128	29	return	return	NOUN
fsr-3148	128	30	of	of	ADP
fsr-3148	128	31	principal	principal	NOUN
fsr-3148	128	32	)	)	PUNCT
fsr-3148	128	33	.	.	PUNCT
fsr-3148	129	1	products	product	NOUN
fsr-3148	129	2	with	with	ADP
fsr-3148	129	3	a	a	DET
fsr-3148	129	4	local	local	ADJ
fsr-3148	129	5	cap	cap	NOUN
fsr-3148	129	6	but	but	CCONJ
fsr-3148	129	7	without	without	ADP
fsr-3148	129	8	a	a	DET
fsr-3148	129	9	local	local	ADJ
fsr-3148	129	10	floor	floor	NOUN
fsr-3148	129	11	are	be	AUX
fsr-3148	129	12	exposed	expose	VERB
fsr-3148	129	13	to	to	ADP
fsr-3148	129	14	the	the	DET
fsr-3148	129	15	risk	risk	NOUN
fsr-3148	129	16	that	that	SCONJ
fsr-3148	129	17	a	a	DET
fsr-3148	129	18	large	large	ADJ
fsr-3148	129	19	decline	decline	NOUN
fsr-3148	129	20	in	in	ADP
fsr-3148	129	21	the	the	DET
fsr-3148	129	22	underlying	underlie	VERB
fsr-3148	129	23	asset	asset	NOUN
fsr-3148	129	24	during	during	ADP
fsr-3148	129	25	one	one	NUM
fsr-3148	129	26	period	period	NOUN
fsr-3148	129	27	could	could	AUX
fsr-3148	129	28	wipe	wipe	VERB
fsr-3148	129	29	out	out	ADP
fsr-3148	129	30	many	many	ADJ
fsr-3148	129	31	periods	period	NOUN
fsr-3148	129	32	of	of	ADP
fsr-3148	129	33	capped	cap	VERB
fsr-3148	129	34	positive	positive	ADJ
fsr-3148	129	35	returns	return	NOUN
fsr-3148	129	36	.	.	PUNCT
fsr-3148	130	1	this	this	DET
fsr-3148	130	2	structure	structure	NOUN
fsr-3148	130	3	is	be	AUX
fsr-3148	130	4	similar	similar	ADJ
fsr-3148	130	5	to	to	ADP
fsr-3148	130	6	the	the	DET
fsr-3148	130	7	“	"	PUNCT
fsr-3148	130	8	simple	simple	ADJ
fsr-3148	130	9	ratchet	ratchet	NOUN
fsr-3148	130	10	equity	equity	NOUN
fsr-3148	130	11	indexed	index	VERB
fsr-3148	130	12	annuity	annuity	NOUN
fsr-3148	130	13	”	"	PUNCT
fsr-3148	130	14	of	of	ADP
fsr-3148	130	15	hardy	hardy	ADJ
fsr-3148	130	16	(	(	PUNCT
fsr-3148	130	17	2003	2003	NUM
fsr-3148	130	18	)	)	PUNCT
fsr-3148	130	19	.	.	PUNCT
fsr-3148	131	1	hsieh	hsieh	PROPN
fsr-3148	131	2	and	and	CCONJ
fsr-3148	131	3	chiu	chiu	PROPN
fsr-3148	131	4	(	(	PUNCT
fsr-3148	131	5	2007	2007	NUM
fsr-3148	131	6	)	)	PUNCT
fsr-3148	131	7	show	show	VERB
fsr-3148	131	8	that	that	SCONJ
fsr-3148	131	9	for	for	ADP
fsr-3148	131	10	an	an	DET
fsr-3148	131	11	initial	initial	ADJ
fsr-3148	131	12	investment	investment	NOUN
fsr-3148	131	13	p	p	NOUN
fsr-3148	131	14	in	in	ADP
fsr-3148	131	15	an	an	DET
fsr-3148	131	16	equity	equity	NOUN
fsr-3148	131	17	-	-	PUNCT
fsr-3148	131	18	indexed	index	VERB
fsr-3148	131	19	annuity	annuity	NOUN
fsr-3148	131	20	(	(	PUNCT
fsr-3148	131	21	eia	eia	PROPN
fsr-3148	131	22	)	)	PUNCT
fsr-3148	131	23	with	with	ADP
fsr-3148	131	24	guarantee	guarantee	NOUN
fsr-3148	131	25	ratio	ratio	NOUN
fsr-3148	131	26	�	�	PROPN
fsr-3148	131	27	,	,	PUNCT
fsr-3148	131	28	minimum	minimum	ADJ
fsr-3148	131	29	guaranteed	guarantee	VERB
fsr-3148	131	30	rate	rate	NOUN
fsr-3148	131	31	g	g	NOUN
fsr-3148	131	32	and	and	CCONJ
fsr-3148	131	33	term	term	NOUN
fsr-3148	131	34	t	t	PROPN
fsr-3148	131	35	that	that	SCONJ
fsr-3148	131	36	the	the	DET
fsr-3148	131	37	value	value	NOUN
fsr-3148	131	38	(	(	PUNCT
fsr-3148	131	39	veia	veia	PROPN
fsr-3148	131	40	)	)	PUNCT
fsr-3148	131	41	of	of	ADP
fsr-3148	131	42	the	the	DET
fsr-3148	131	43	contract	contract	NOUN
fsr-3148	131	44	is	be	AUX
fsr-3148	131	45	given	give	VERB
fsr-3148	131	46	by	by	ADP
fsr-3148	131	47	veia	veia	PROPN
fsr-3148	131	48	�	�	PROPN
fsr-3148	131	49	e	e	PROPN
fsr-3148	131	50	�	�	PROPN
fsr-3148	131	51	t	t	PROPN
fsr-3148	131	52	�	�	PROPN
fsr-3148	131	53	�	�	PROPN
fsr-3148	131	54	pe	pe	PROPN
fsr-3148	131	55	�	�	PROPN
fsr-3148	131	56	rt	rt	PROPN
fsr-3148	131	57	max	max	PROPN
fsr-3148	131	58	�	�	PROPN
fsr-3148	131	59	1	1	NUM
fsr-3148	131	60	�	�	PROPN
fsr-3148	131	61	r	r	PROPN
fsr-3148	131	62	,	,	PUNCT
fsr-3148	131	63	�	�	PROPN
fsr-3148	131	64	�	�	PROPN
fsr-3148	131	65	1	1	NUM
fsr-3148	131	66	�	�	PROPN
fsr-3148	131	67	g	g	PROPN
fsr-3148	131	68	�	�	PROPN
fsr-3148	131	69	t	t	PROPN
fsr-3148	131	70	�	�	PROPN
fsr-3148	131	71	�	�	PROPN
fsr-3148	131	72	(	(	PUNCT
fsr-3148	131	73	1	1	NUM
fsr-3148	131	74	)	)	PUNCT
fsr-3148	131	75	where	where	SCONJ
fsr-3148	131	76	r	r	NOUN
fsr-3148	131	77	is	be	AUX
fsr-3148	131	78	the	the	DET
fsr-3148	131	79	(	(	PUNCT
fsr-3148	131	80	assumed	assume	VERB
fsr-3148	131	81	)	)	PUNCT
fsr-3148	131	82	constant	constant	ADJ
fsr-3148	131	83	and	and	CCONJ
fsr-3148	131	84	continuously	continuously	ADV
fsr-3148	131	85	compounded	compound	VERB
fsr-3148	131	86	riskless	riskless	NOUN
fsr-3148	131	87	rate	rate	NOUN
fsr-3148	131	88	and	and	CCONJ
fsr-3148	131	89	r	r	NOUN
fsr-3148	131	90	is	be	AUX
fsr-3148	131	91	the	the	DET
fsr-3148	131	92	arithmetic	arithmetic	ADJ
fsr-3148	131	93	sum	sum	NOUN
fsr-3148	131	94	of	of	ADP
fsr-3148	131	95	returns	return	NOUN
fsr-3148	131	96	given	give	VERB
fsr-3148	131	97	by	by	ADP
fsr-3148	131	98	r	r	PROPN
fsr-3148	131	99	�	�	PROPN
fsr-3148	131	100	�	�	PROPN
fsr-3148	131	101	i	i	PRON
fsr-3148	131	102	�	�	NOUN
fsr-3148	131	103	1	1	NUM
fsr-3148	131	104	nt	nt	PROPN
fsr-3148	131	105	min	min	PROPN
fsr-3148	131	106	�	�	PROPN
fsr-3148	131	107	max	max	PROPN
fsr-3148	131	108	�	�	PROPN
fsr-3148	131	109	�	�	PROPN
fsr-3148	131	110	ri	ri	PROPN
fsr-3148	131	111	,	,	PUNCT
fsr-3148	131	112	rf	rf	NOUN
fsr-3148	131	113	�	�	PROPN
fsr-3148	131	114	,	,	PUNCT
fsr-3148	131	115	rc	rc	PROPN
fsr-3148	131	116	�	�	PROPN
fsr-3148	131	117	(	(	PUNCT
fsr-3148	131	118	2	2	NUM
fsr-3148	131	119	)	)	PUNCT
fsr-3148	131	120	here	here	ADV
fsr-3148	131	121	n	n	PRON
fsr-3148	131	122	is	be	AUX
fsr-3148	131	123	the	the	DET
fsr-3148	131	124	number	number	NOUN
fsr-3148	131	125	of	of	ADP
fsr-3148	131	126	times	time	NOUN
fsr-3148	131	127	per	per	ADP
fsr-3148	131	128	year	year	NOUN
fsr-3148	131	129	that	that	PRON
fsr-3148	131	130	the	the	DET
fsr-3148	131	131	underlying	underlie	VERB
fsr-3148	131	132	asset	asset	NOUN
fsr-3148	131	133	is	be	AUX
fsr-3148	131	134	observed	observe	VERB
fsr-3148	131	135	,	,	PUNCT
fsr-3148	131	136	ri	ri	PROPN
fsr-3148	131	137	�	�	PROPN
fsr-3148	131	138	s(ti)/s(ti–1	s(ti)/s(ti–1	PROPN
fsr-3148	131	139	)	)	PUNCT
fsr-3148	131	140	�	�	PROPN
fsr-3148	131	141	1	1	NUM
fsr-3148	131	142	,	,	PUNCT
fsr-3148	131	143	rf	rf	PRON
fsr-3148	131	144	is	be	AUX
fsr-3148	131	145	the	the	DET
fsr-3148	131	146	local	local	ADJ
fsr-3148	131	147	return	return	NOUN
fsr-3148	131	148	floor	floor	NOUN
fsr-3148	131	149	,	,	PUNCT
fsr-3148	131	150	rc	rc	PROPN
fsr-3148	131	151	is	be	AUX
fsr-3148	131	152	the	the	DET
fsr-3148	131	153	local	local	ADJ
fsr-3148	131	154	return	return	NOUN
fsr-3148	131	155	cap	cap	NOUN
fsr-3148	131	156	and	and	CCONJ
fsr-3148	131	157	�	�	PROPN
fsr-3148	131	158	is	be	AUX
fsr-3148	131	159	the	the	DET
fsr-3148	131	160	participation	participation	NOUN
fsr-3148	131	161	rate.25	rate.25	NOUN
fsr-3148	131	162	for	for	ADP
fsr-3148	131	163	structured	structured	ADJ
fsr-3148	131	164	cds	cd	NOUN
fsr-3148	131	165	,	,	PUNCT
fsr-3148	131	166	principal	principal	ADJ
fsr-3148	131	167	protection	protection	NOUN
fsr-3148	131	168	sets	set	VERB
fsr-3148	131	169	�	�	PROPN
fsr-3148	131	170	�	�	PROPN
fsr-3148	131	171	1	1	NUM
fsr-3148	131	172	and	and	CCONJ
fsr-3148	131	173	typically	typically	ADV
fsr-3148	131	174	there	there	PRON
fsr-3148	131	175	is	be	VERB
fsr-3148	131	176	no	no	DET
fsr-3148	131	177	local	local	ADJ
fsr-3148	131	178	floor	floor	NOUN
fsr-3148	131	179	(	(	PUNCT
fsr-3148	131	180	f	f	PROPN
fsr-3148	131	181	�	�	PROPN
fsr-3148	131	182	�	�	PROPN
fsr-3148	131	183	1	1	NUM
fsr-3148	131	184	)	)	PUNCT
fsr-3148	131	185	or	or	CCONJ
fsr-3148	131	186	leverage	leverage	NOUN
fsr-3148	131	187	(	(	PUNCT
fsr-3148	131	188	�	�	PROPN
fsr-3148	131	189	�	�	PROPN
fsr-3148	131	190	1	1	NUM
fsr-3148	131	191	)	)	PUNCT
fsr-3148	131	192	.	.	PUNCT
fsr-3148	132	1	closed	close	VERB
fsr-3148	132	2	-	-	PUNCT
fsr-3148	132	3	form	form	NOUN
fsr-3148	132	4	solutions	solution	NOUN
fsr-3148	132	5	for	for	ADP
fsr-3148	132	6	this	this	DET
fsr-3148	132	7	type	type	NOUN
fsr-3148	132	8	of	of	ADP
fsr-3148	132	9	eia	eia	PROPN
fsr-3148	132	10	,	,	PUNCT
fsr-3148	132	11	in	in	ADP
fsr-3148	132	12	the	the	DET
fsr-3148	132	13	absence	absence	NOUN
fsr-3148	132	14	of	of	ADP
fsr-3148	132	15	the	the	DET
fsr-3148	132	16	maturity	maturity	NOUN
fsr-3148	132	17	guarantee	guarantee	NOUN
fsr-3148	132	18	,	,	PUNCT
fsr-3148	132	19	were	be	AUX
fsr-3148	132	20	derived	derive	VERB
fsr-3148	132	21	by	by	ADP
fsr-3148	132	22	hsieh	hsieh	PROPN
fsr-3148	132	23	and	and	CCONJ
fsr-3148	132	24	chiu	chiu	PROPN
fsr-3148	132	25	(	(	PUNCT
fsr-3148	132	26	2007	2007	NUM
fsr-3148	132	27	)	)	PUNCT
fsr-3148	132	28	.	.	PUNCT
fsr-3148	133	1	although	although	SCONJ
fsr-3148	133	2	this	this	DET
fsr-3148	133	3	formula	formula	NOUN
fsr-3148	133	4	is	be	AUX
fsr-3148	133	5	general	general	ADJ
fsr-3148	133	6	and	and	CCONJ
fsr-3148	133	7	fits	fit	VERB
fsr-3148	133	8	nicely	nicely	ADV
fsr-3148	133	9	into	into	ADP
fsr-3148	133	10	our	our	PRON
fsr-3148	133	11	context	context	NOUN
fsr-3148	133	12	,	,	PUNCT
fsr-3148	133	13	it	it	PRON
fsr-3148	133	14	does	do	AUX
fsr-3148	133	15	not	not	PART
fsr-3148	133	16	appropriately	appropriately	ADV
fsr-3148	133	17	apply	apply	VERB
fsr-3148	133	18	credit	credit	NOUN
fsr-3148	133	19	risk	risk	NOUN
fsr-3148	133	20	or	or	CCONJ
fsr-3148	133	21	fdic	fdic	ADJ
fsr-3148	133	22	insurance	insurance	NOUN
fsr-3148	133	23	.	.	PUNCT
fsr-3148	134	1	including	include	VERB
fsr-3148	134	2	the	the	DET
fsr-3148	134	3	cds	cds	NOUN
fsr-3148	134	4	rate	rate	NOUN
fsr-3148	134	5	in	in	ADP
fsr-3148	134	6	the	the	DET
fsr-3148	134	7	overall	overall	ADJ
fsr-3148	134	8	discount	discount	NOUN
fsr-3148	134	9	factor	factor	NOUN
fsr-3148	134	10	would	would	AUX
fsr-3148	134	11	be	be	AUX
fsr-3148	134	12	inappropriate	inappropriate	ADJ
fsr-3148	134	13	given	give	VERB
fsr-3148	134	14	the	the	DET
fsr-3148	134	15	guarantees	guarantee	NOUN
fsr-3148	134	16	provided	provide	VERB
fsr-3148	134	17	by	by	ADP
fsr-3148	134	18	fdic	fdic	PROPN
fsr-3148	134	19	insurance	insurance	PROPN
fsr-3148	134	20	(	(	PUNCT
fsr-3148	134	21	�	�	PROPN
fsr-3148	134	22	�	�	PROPN
fsr-3148	134	23	1	1	NUM
fsr-3148	134	24	)	)	PUNCT
fsr-3148	134	25	.	.	PUNCT
fsr-3148	135	1	we	we	PRON
fsr-3148	135	2	alter	alter	VERB
fsr-3148	135	3	eq	eq	ADP
fsr-3148	135	4	.	.	PUNCT
fsr-3148	136	1	(	(	PUNCT
fsr-3148	136	2	1	1	X
fsr-3148	136	3	)	)	PUNCT
fsr-3148	136	4	to	to	PART
fsr-3148	136	5	include	include	VERB
fsr-3148	136	6	the	the	DET
fsr-3148	136	7	credit	credit	NOUN
fsr-3148	136	8	risk	risk	NOUN
fsr-3148	136	9	related	relate	VERB
fsr-3148	136	10	to	to	ADP
fsr-3148	136	11	components	component	NOUN
fsr-3148	136	12	that	that	PRON
fsr-3148	136	13	are	be	AUX
fsr-3148	136	14	sensitive	sensitive	ADJ
fsr-3148	136	15	to	to	ADP
fsr-3148	136	16	market	market	NOUN
fsr-3148	136	17	returns	return	NOUN
fsr-3148	136	18	and	and	CCONJ
fsr-3148	136	19	obtain	obtain	VERB
fsr-3148	136	20	the	the	DET
fsr-3148	136	21	value	value	NOUN
fsr-3148	136	22	of	of	ADP
fsr-3148	136	23	the	the	DET
fsr-3148	136	24	structured	structured	ADJ
fsr-3148	136	25	cd	cd	PROPN
fsr-3148	136	26	(	(	PUNCT
fsr-3148	136	27	vscd	vscd	NOUN
fsr-3148	136	28	)	)	PUNCT
fsr-3148	136	29	fig	fig	NOUN
fsr-3148	136	30	.	.	PUNCT
fsr-3148	137	1	2	2	NUM
fsr-3148	137	2	.	.	NOUN
fsr-3148	137	3	example	example	NOUN
fsr-3148	137	4	unbuffered	unbuffered	ADJ
fsr-3148	137	5	contingent	contingent	NOUN
fsr-3148	137	6	coupon	coupon	NOUN
fsr-3148	137	7	cd	cd	NOUN
fsr-3148	137	8	with	with	ADP
fsr-3148	137	9	cusip	cusip	NOUN
fsr-3148	137	10	48123y6g6	48123y6g6	NUM
fsr-3148	137	11	(	(	PUNCT
fsr-3148	137	12	a	a	NOUN
fsr-3148	137	13	)	)	PUNCT
fsr-3148	137	14	and	and	CCONJ
fsr-3148	137	15	example	example	NOUN
fsr-3148	137	16	buffered	buffer	VERB
fsr-3148	137	17	contingent	contingent	ADJ
fsr-3148	137	18	coupon	coupon	NOUN
fsr-3148	137	19	cds	cd	NOUN
fsr-3148	137	20	with	with	ADP
fsr-3148	137	21	cusip	cusip	NOUN
fsr-3148	137	22	06740arx9	06740arx9	X
fsr-3148	137	23	(	(	PUNCT
fsr-3148	137	24	b	b	NOUN
fsr-3148	137	25	)	)	PUNCT
fsr-3148	137	26	.	.	PUNCT
fsr-3148	138	1	226	226	NUM
fsr-3148	138	2	g.	g.	PROPN
fsr-3148	138	3	deng	deng	PROPN
fsr-3148	138	4	et	et	PROPN
fsr-3148	138	5	al	al	PROPN
fsr-3148	138	6	.	.	PUNCT
fsr-3148	138	7	/	/	SYM
fsr-3148	138	8	financial	financial	ADJ
fsr-3148	138	9	services	service	NOUN
fsr-3148	138	10	review	review	VERB
fsr-3148	138	11	23	23	NUM
fsr-3148	138	12	(	(	PUNCT
fsr-3148	138	13	2014	2014	NUM
fsr-3148	138	14	)	)	PUNCT
fsr-3148	138	15	219–237	219–237	NUM
fsr-3148	138	16	vscd	vscd	VERB
fsr-3148	138	17	�	�	PROPN
fsr-3148	138	18	e	e	PROPN
fsr-3148	138	19	�	�	PROPN
fsr-3148	138	20	t	t	PROPN
fsr-3148	138	21	�	�	PROPN
fsr-3148	138	22	�	�	PROPN
fsr-3148	138	23	pe	pe	PROPN
fsr-3148	138	24	�	�	PROPN
fsr-3148	138	25	rt	rt	PROPN
fsr-3148	138	26	�	�	PROPN
fsr-3148	138	27	pe	pe	PROPN
fsr-3148	138	28	�	�	PROPN
fsr-3148	138	29	�	�	PROPN
fsr-3148	138	30	r	r	NOUN
fsr-3148	138	31	�	�	PROPN
fsr-3148	138	32	c	c	PROPN
fsr-3148	138	33	�	�	PROPN
fsr-3148	138	34	t	t	PROPN
fsr-3148	138	35	max	max	PROPN
fsr-3148	138	36	�	�	PROPN
fsr-3148	138	37	r	r	PROPN
fsr-3148	138	38	,	,	PUNCT
fsr-3148	138	39	gt	gt	PROPN
fsr-3148	138	40	�	�	PROPN
fsr-3148	138	41	�	�	PROPN
fsr-3148	138	42	�	�	PROPN
fsr-3148	138	43	pe	pe	PROPN
fsr-3148	138	44	�	�	PROPN
fsr-3148	138	45	rt	rt	PROPN
fsr-3148	138	46	�	�	PROPN
fsr-3148	138	47	e	e	PROPN
fsr-3148	138	48	�	�	PROPN
fsr-3148	138	49	t	t	PROPN
fsr-3148	138	50	�	�	PROPN
fsr-3148	138	51	�	�	PROPN
fsr-3148	138	52	pe	pe	PROPN
fsr-3148	138	53	�	�	PROPN
fsr-3148	138	54	�	�	PROPN
fsr-3148	138	55	r	r	NOUN
fsr-3148	138	56	�	�	PROPN
fsr-3148	138	57	c	c	PROPN
fsr-3148	138	58	�	�	PROPN
fsr-3148	138	59	t	t	PROPN
fsr-3148	138	60	max	max	PROPN
fsr-3148	138	61	�	�	PROPN
fsr-3148	138	62	r	r	PROPN
fsr-3148	138	63	,	,	PUNCT
fsr-3148	138	64	gt	gt	PROPN
fsr-3148	138	65	�	�	PROPN
fsr-3148	138	66	�	�	PROPN
fsr-3148	139	1	❘	❘	NOUN
fsr-3148	139	2	market	market	NOUN
fsr-3148	139	3	/	/	SYM
fsr-3148	139	4	credit	credit	NOUN
fsr-3148	139	5	risk	risk	NOUN
fsr-3148	139	6	(	(	PUNCT
fsr-3148	139	7	3	3	NUM
fsr-3148	139	8	)	)	PUNCT
fsr-3148	139	9	where	where	SCONJ
fsr-3148	139	10	c	c	NOUN
fsr-3148	139	11	is	be	AUX
fsr-3148	139	12	the	the	DET
fsr-3148	139	13	continuously	continuously	ADV
fsr-3148	139	14	compounded	compound	VERB
fsr-3148	139	15	cds	cds	NOUN
fsr-3148	139	16	rate	rate	NOUN
fsr-3148	139	17	of	of	ADP
fsr-3148	139	18	the	the	DET
fsr-3148	139	19	issuer	issuer	NOUN
fsr-3148	139	20	.	.	PUNCT
fsr-3148	140	1	an	an	DET
fsr-3148	140	2	example	example	NOUN
fsr-3148	140	3	of	of	ADP
fsr-3148	140	4	a	a	DET
fsr-3148	140	5	ratchet	ratchet	NOUN
fsr-3148	140	6	cd	cd	NOUN
fsr-3148	140	7	is	be	AUX
fsr-3148	140	8	the	the	DET
fsr-3148	140	9	barclays	barclay	NOUN
fsr-3148	140	10	“	"	PUNCT
fsr-3148	140	11	certificates	certificate	NOUN
fsr-3148	140	12	of	of	ADP
fsr-3148	140	13	deposit	deposit	NOUN
fsr-3148	140	14	linked	link	VERB
fsr-3148	140	15	to	to	ADP
fsr-3148	140	16	the	the	DET
fsr-3148	140	17	performance	performance	NOUN
fsr-3148	140	18	of	of	ADP
fsr-3148	140	19	the	the	DET
fsr-3148	140	20	s&p	s&p	PROPN
fsr-3148	140	21	500	500	NUM
fsr-3148	140	22	index	index	NOUN
fsr-3148	140	23	due	due	ADJ
fsr-3148	140	24	october	october	PROPN
fsr-3148	140	25	27	27	NUM
fsr-3148	140	26	,	,	PUNCT
fsr-3148	140	27	2015	2015	NUM
fsr-3148	140	28	”	"	PUNCT
fsr-3148	140	29	issued	issue	VERB
fsr-3148	140	30	in	in	ADP
fsr-3148	140	31	october	october	PROPN
fsr-3148	140	32	2010	2010	NUM
fsr-3148	140	33	(	(	PUNCT
fsr-3148	140	34	cusip	cusip	NOUN
fsr-3148	140	35	:	:	PUNCT
fsr-3148	140	36	06740amd8	06740amd8	NOUN
fsr-3148	140	37	)	)	PUNCT
fsr-3148	140	38	.	.	PUNCT
fsr-3148	141	1	at	at	ADP
fsr-3148	141	2	maturity	maturity	NOUN
fsr-3148	141	3	,	,	PUNCT
fsr-3148	141	4	barclays	barclay	NOUN
fsr-3148	141	5	pays	pay	VERB
fsr-3148	141	6	investors	investor	NOUN
fsr-3148	141	7	a	a	DET
fsr-3148	141	8	return	return	NOUN
fsr-3148	141	9	equal	equal	ADJ
fsr-3148	141	10	to	to	ADP
fsr-3148	141	11	the	the	DET
fsr-3148	141	12	sum	sum	NOUN
fsr-3148	141	13	of	of	ADP
fsr-3148	141	14	the	the	DET
fsr-3148	141	15	s&p	s&p	PROPN
fsr-3148	141	16	500	500	NUM
fsr-3148	141	17	quarterly	quarterly	ADJ
fsr-3148	141	18	returns	return	NOUN
fsr-3148	141	19	,	,	PUNCT
fsr-3148	141	20	each	each	PRON
fsr-3148	141	21	capped	cap	VERB
fsr-3148	141	22	at	at	ADP
fsr-3148	141	23	between	between	ADP
fsr-3148	141	24	3	3	NUM
fsr-3148	141	25	%	%	NOUN
fsr-3148	141	26	and	and	CCONJ
fsr-3148	141	27	5	5	NUM
fsr-3148	141	28	%	%	NOUN
fsr-3148	141	29	,	,	PUNCT
fsr-3148	141	30	subject	subject	ADJ
fsr-3148	141	31	to	to	ADP
fsr-3148	141	32	a	a	DET
fsr-3148	141	33	minimum	minimum	ADJ
fsr-3148	141	34	return	return	NOUN
fsr-3148	141	35	between	between	ADP
fsr-3148	141	36	0.25	0.25	NUM
fsr-3148	141	37	%	%	NOUN
fsr-3148	141	38	and	and	CCONJ
fsr-3148	141	39	1.00	1.00	NUM
fsr-3148	141	40	%	%	NOUN
fsr-3148	141	41	per	per	ADP
fsr-3148	141	42	annum	annum	NOUN
fsr-3148	141	43	.	.	PUNCT
fsr-3148	142	1	the	the	DET
fsr-3148	142	2	product	product	NOUN
fsr-3148	142	3	was	be	AUX
fsr-3148	142	4	priced	price	VERB
fsr-3148	142	5	on	on	ADP
fsr-3148	142	6	october	october	PROPN
fsr-3148	142	7	22	22	NUM
fsr-3148	142	8	,	,	PUNCT
fsr-3148	142	9	2010	2010	NUM
fsr-3148	142	10	and	and	CCONJ
fsr-3148	142	11	will	will	AUX
fsr-3148	142	12	mature	mature	VERB
fsr-3148	142	13	on	on	ADP
fsr-3148	142	14	october	october	PROPN
fsr-3148	142	15	27	27	NUM
fsr-3148	142	16	,	,	PUNCT
fsr-3148	142	17	2015	2015	NUM
fsr-3148	142	18	.	.	PUNCT
fsr-3148	143	1	although	although	SCONJ
fsr-3148	143	2	this	this	DET
fsr-3148	143	3	barclays	barclay	NOUN
fsr-3148	143	4	structured	structured	ADJ
fsr-3148	143	5	cd	cd	PROPN
fsr-3148	143	6	has	have	VERB
fsr-3148	143	7	a	a	DET
fsr-3148	143	8	local	local	ADJ
fsr-3148	143	9	cap	cap	NOUN
fsr-3148	143	10	,	,	PUNCT
fsr-3148	143	11	it	it	PRON
fsr-3148	143	12	has	have	VERB
fsr-3148	143	13	no	no	DET
fsr-3148	143	14	local	local	ADJ
fsr-3148	143	15	floor	floor	NOUN
fsr-3148	143	16	.	.	PUNCT
fsr-3148	144	1	that	that	PRON
fsr-3148	144	2	means	mean	VERB
fsr-3148	144	3	that	that	SCONJ
fsr-3148	144	4	a	a	DET
fsr-3148	144	5	large	large	ADJ
fsr-3148	144	6	negative	negative	ADJ
fsr-3148	144	7	quarterly	quarterly	ADJ
fsr-3148	144	8	return	return	NOUN
fsr-3148	144	9	during	during	ADP
fsr-3148	144	10	the	the	DET
fsr-3148	144	11	term	term	NOUN
fsr-3148	144	12	of	of	ADP
fsr-3148	144	13	the	the	DET
fsr-3148	144	14	note	note	NOUN
fsr-3148	144	15	could	could	AUX
fsr-3148	144	16	wipe	wipe	VERB
fsr-3148	144	17	out	out	ADP
fsr-3148	144	18	the	the	DET
fsr-3148	144	19	several	several	ADJ
fsr-3148	144	20	accumulated	accumulate	VERB
fsr-3148	144	21	capped	cap	VERB
fsr-3148	144	22	returns	return	NOUN
fsr-3148	144	23	.	.	PUNCT
fsr-3148	145	1	for	for	ADP
fsr-3148	145	2	example	example	NOUN
fsr-3148	145	3	,	,	PUNCT
fsr-3148	145	4	if	if	SCONJ
fsr-3148	145	5	the	the	DET
fsr-3148	145	6	s&p	s&p	PROPN
fsr-3148	145	7	500	500	NUM
fsr-3148	145	8	increases	increase	NOUN
fsr-3148	145	9	at	at	ADP
fsr-3148	145	10	a	a	DET
fsr-3148	145	11	rate	rate	NOUN
fsr-3148	145	12	of	of	ADP
fsr-3148	145	13	10	10	NUM
fsr-3148	145	14	%	%	NOUN
fsr-3148	145	15	per	per	ADP
fsr-3148	145	16	quarter	quarter	NOUN
fsr-3148	145	17	for	for	ADP
fsr-3148	145	18	two	two	NUM
fsr-3148	145	19	years	year	NOUN
fsr-3148	145	20	,	,	PUNCT
fsr-3148	145	21	then	then	ADV
fsr-3148	145	22	the	the	DET
fsr-3148	145	23	cd	cd	PROPN
fsr-3148	145	24	would	would	AUX
fsr-3148	145	25	have	have	AUX
fsr-3148	145	26	accumulated	accumulate	VERB
fsr-3148	145	27	3	3	NUM
fsr-3148	145	28	%	%	NOUN
fsr-3148	145	29	capped	cap	VERB
fsr-3148	145	30	returns	return	NOUN
fsr-3148	145	31	for	for	ADP
fsr-3148	145	32	eight	eight	NUM
fsr-3148	145	33	quarters	quarter	NOUN
fsr-3148	145	34	.	.	PUNCT
fsr-3148	146	1	if	if	SCONJ
fsr-3148	146	2	the	the	DET
fsr-3148	146	3	s&p	s&p	PROPN
fsr-3148	146	4	500	500	NUM
fsr-3148	146	5	subsequently	subsequently	ADV
fsr-3148	146	6	decreases	decrease	VERB
fsr-3148	146	7	by	by	ADP
fsr-3148	146	8	24	24	NUM
fsr-3148	146	9	%	%	NOUN
fsr-3148	146	10	or	or	CCONJ
fsr-3148	146	11	more	more	ADJ
fsr-3148	146	12	in	in	ADP
fsr-3148	146	13	the	the	DET
fsr-3148	146	14	next	next	ADJ
fsr-3148	146	15	quarter	quarter	NOUN
fsr-3148	146	16	,	,	PUNCT
fsr-3148	146	17	the	the	DET
fsr-3148	146	18	total	total	NOUN
fsr-3148	146	19	of	of	ADP
fsr-3148	146	20	the	the	DET
fsr-3148	146	21	capped	cap	VERB
fsr-3148	146	22	quarterly	quarterly	ADJ
fsr-3148	146	23	returns	return	NOUN
fsr-3148	146	24	for	for	ADP
fsr-3148	146	25	this	this	DET
fsr-3148	146	26	nine	nine	NUM
fsr-3148	146	27	quarter	quarter	NOUN
fsr-3148	146	28	period	period	NOUN
fsr-3148	146	29	would	would	AUX
fsr-3148	146	30	be	be	AUX
fsr-3148	146	31	zero	zero	NUM
fsr-3148	146	32	or	or	CCONJ
fsr-3148	146	33	less	less	ADJ
fsr-3148	146	34	,	,	PUNCT
fsr-3148	146	35	even	even	ADV
fsr-3148	146	36	though	though	SCONJ
fsr-3148	146	37	the	the	DET
fsr-3148	146	38	s&p	s&p	PROPN
fsr-3148	146	39	500	500	NUM
fsr-3148	146	40	would	would	AUX
fsr-3148	146	41	have	have	AUX
fsr-3148	146	42	increased	increase	VERB
fsr-3148	146	43	over	over	ADP
fsr-3148	146	44	60	60	NUM
fsr-3148	146	45	%	%	NOUN
fsr-3148	146	46	during	during	ADP
fsr-3148	146	47	this	this	DET
fsr-3148	146	48	period	period	NOUN
fsr-3148	146	49	.	.	PUNCT
fsr-3148	147	1	using	use	VERB
fsr-3148	147	2	the	the	DET
fsr-3148	147	3	volatilities	volatility	NOUN
fsr-3148	147	4	and	and	CCONJ
fsr-3148	147	5	market	market	NOUN
fsr-3148	147	6	rates	rate	NOUN
fsr-3148	147	7	as	as	ADP
fsr-3148	147	8	of	of	ADP
fsr-3148	147	9	the	the	DET
fsr-3148	147	10	pricing	pricing	NOUN
fsr-3148	147	11	date	date	NOUN
fsr-3148	147	12	and	and	CCONJ
fsr-3148	147	13	the	the	DET
fsr-3148	147	14	midpoint	midpoint	NOUN
fsr-3148	147	15	for	for	ADP
fsr-3148	147	16	the	the	DET
fsr-3148	147	17	terms	term	NOUN
fsr-3148	147	18	of	of	ADP
fsr-3148	147	19	the	the	DET
fsr-3148	147	20	cd	cd	PROPN
fsr-3148	147	21	(	(	PUNCT
fsr-3148	147	22	4	4	NUM
fsr-3148	147	23	%	%	NOUN
fsr-3148	147	24	local	local	ADJ
fsr-3148	147	25	cap	cap	NOUN
fsr-3148	147	26	and	and	CCONJ
fsr-3148	147	27	0.625	0.625	NUM
fsr-3148	147	28	%	%	NOUN
fsr-3148	147	29	minimum	minimum	NOUN
fsr-3148	147	30	return	return	NOUN
fsr-3148	147	31	per	per	ADP
fsr-3148	147	32	annum	annum	NOUN
fsr-3148	147	33	)	)	PUNCT
fsr-3148	147	34	,	,	PUNCT
fsr-3148	147	35	we	we	PRON
fsr-3148	147	36	obtain	obtain	VERB
fsr-3148	147	37	a	a	DET
fsr-3148	147	38	valuation	valuation	NOUN
fsr-3148	147	39	of	of	ADP
fsr-3148	147	40	$	$	SYM
fsr-3148	147	41	976.46	976.46	NUM
fsr-3148	147	42	per	per	ADP
fsr-3148	147	43	$	$	SYM
fsr-3148	147	44	1,000	1,000	NUM
fsr-3148	147	45	face	face	NOUN
fsr-3148	147	46	-	-	PUNCT
fsr-3148	147	47	value	value	NOUN
fsr-3148	147	48	cd	cd	NOUN
fsr-3148	147	49	.	.	PUNCT
fsr-3148	148	1	we	we	PRON
fsr-3148	148	2	find	find	VERB
fsr-3148	148	3	that	that	SCONJ
fsr-3148	148	4	there	there	PRON
fsr-3148	148	5	is	be	VERB
fsr-3148	148	6	�	�	NUM
fsr-3148	148	7	97.2	97.2	NUM
fsr-3148	148	8	%	%	NOUN
fsr-3148	148	9	chance	chance	NOUN
fsr-3148	148	10	of	of	ADP
fsr-3148	148	11	investors	investor	NOUN
fsr-3148	148	12	earning	earn	VERB
fsr-3148	148	13	the	the	DET
fsr-3148	148	14	minimum	minimum	ADJ
fsr-3148	148	15	return	return	NOUN
fsr-3148	148	16	and	and	CCONJ
fsr-3148	148	17	the	the	DET
fsr-3148	148	18	average	average	ADJ
fsr-3148	148	19	return	return	NOUN
fsr-3148	148	20	above	above	ADP
fsr-3148	148	21	the	the	DET
fsr-3148	148	22	minimum	minimum	ADJ
fsr-3148	148	23	return	return	NOUN
fsr-3148	148	24	is	be	AUX
fsr-3148	148	25	�	�	NOUN
fsr-3148	148	26	2	2	NUM
fsr-3148	148	27	%	%	NOUN
fsr-3148	148	28	per	per	ADP
fsr-3148	148	29	annum	annum	NOUN
fsr-3148	148	30	.	.	PUNCT
fsr-3148	149	1	using	use	VERB
fsr-3148	149	2	the	the	DET
fsr-3148	149	3	contemporaneous	contemporaneous	ADJ
fsr-3148	149	4	national	national	ADJ
fsr-3148	149	5	average	average	ADJ
fsr-3148	149	6	rates	rate	NOUN
fsr-3148	149	7	on	on	ADP
fsr-3148	149	8	traditional	traditional	ADJ
fsr-3148	149	9	cds	cd	NOUN
fsr-3148	149	10	from	from	ADP
fsr-3148	149	11	the	the	DET
fsr-3148	149	12	fdic	fdic	PROPN
fsr-3148	149	13	,	,	PUNCT
fsr-3148	149	14	extrapolated	extrapolate	VERB
fsr-3148	149	15	to	to	ADP
fsr-3148	149	16	the	the	DET
fsr-3148	149	17	appropriate	appropriate	ADJ
fsr-3148	149	18	term	term	NOUN
fsr-3148	149	19	for	for	ADP
fsr-3148	149	20	this	this	DET
fsr-3148	149	21	cd	cd	NOUN
fsr-3148	149	22	(	(	PUNCT
fsr-3148	149	23	1.66	1.66	NUM
fsr-3148	149	24	%	%	NOUN
fsr-3148	149	25	)	)	PUNCT
fsr-3148	149	26	,	,	PUNCT
fsr-3148	149	27	we	we	PRON
fsr-3148	149	28	find	find	VERB
fsr-3148	149	29	that	that	SCONJ
fsr-3148	149	30	this	this	DET
fsr-3148	149	31	cd	cd	NOUN
fsr-3148	149	32	is	be	AUX
fsr-3148	149	33	worth	worth	ADJ
fsr-3148	149	34	�	�	NOUN
fsr-3148	149	35	95	95	NUM
fsr-3148	149	36	%	%	NOUN
fsr-3148	149	37	of	of	ADP
fsr-3148	149	38	a	a	DET
fsr-3148	149	39	traditional	traditional	ADJ
fsr-3148	149	40	fixed	fix	VERB
fsr-3148	149	41	rate	rate	NOUN
fsr-3148	149	42	cd	cd	PROPN
fsr-3148	149	43	.	.	PUNCT
fsr-3148	150	1	we	we	PRON
fsr-3148	150	2	varied	vary	VERB
fsr-3148	150	3	the	the	DET
fsr-3148	150	4	applied	apply	VERB
fsr-3148	150	5	minimum	minimum	NOUN
fsr-3148	150	6	coupon	coupon	NOUN
fsr-3148	150	7	to	to	ADP
fsr-3148	150	8	the	the	DET
fsr-3148	150	9	structure	structure	NOUN
fsr-3148	150	10	within	within	ADP
fsr-3148	150	11	the	the	DET
fsr-3148	150	12	range	range	NOUN
fsr-3148	150	13	specified	specify	VERB
fsr-3148	150	14	in	in	ADP
fsr-3148	150	15	the	the	DET
fsr-3148	150	16	preliminary	preliminary	ADJ
fsr-3148	150	17	offering	offering	NOUN
fsr-3148	150	18	document	document	NOUN
fsr-3148	150	19	(	(	PUNCT
fsr-3148	150	20	between	between	ADP
fsr-3148	150	21	0.25	0.25	NUM
fsr-3148	150	22	%	%	NOUN
fsr-3148	150	23	and	and	CCONJ
fsr-3148	150	24	1.00	1.00	NUM
fsr-3148	150	25	%	%	NOUN
fsr-3148	150	26	)	)	PUNCT
fsr-3148	150	27	.	.	PUNCT
fsr-3148	151	1	for	for	ADP
fsr-3148	151	2	each	each	DET
fsr-3148	151	3	minimum	minimum	ADJ
fsr-3148	151	4	coupon	coupon	NOUN
fsr-3148	151	5	rate	rate	NOUN
fsr-3148	151	6	,	,	PUNCT
fsr-3148	151	7	we	we	PRON
fsr-3148	151	8	determined	determine	VERB
fsr-3148	151	9	the	the	DET
fsr-3148	151	10	local	local	ADJ
fsr-3148	151	11	cap	cap	NOUN
fsr-3148	151	12	that	that	PRON
fsr-3148	151	13	will	will	AUX
fsr-3148	151	14	result	result	VERB
fsr-3148	151	15	in	in	ADP
fsr-3148	151	16	an	an	DET
fsr-3148	151	17	estimated	estimate	VERB
fsr-3148	151	18	value	value	NOUN
fsr-3148	151	19	equal	equal	ADJ
fsr-3148	151	20	to	to	ADP
fsr-3148	151	21	the	the	DET
fsr-3148	151	22	value	value	NOUN
fsr-3148	151	23	of	of	ADP
fsr-3148	151	24	the	the	DET
fsr-3148	151	25	structured	structured	ADJ
fsr-3148	151	26	cd	cd	PROPN
fsr-3148	151	27	assuming	assume	VERB
fsr-3148	151	28	a	a	DET
fsr-3148	151	29	25	25	NUM
fsr-3148	151	30	year	year	NOUN
fsr-3148	151	31	old	old	ADJ
fsr-3148	151	32	investor	investor	NOUN
fsr-3148	151	33	and	and	CCONJ
fsr-3148	151	34	plotted	plot	VERB
fsr-3148	151	35	the	the	DET
fsr-3148	151	36	results	result	NOUN
fsr-3148	151	37	in	in	ADP
fsr-3148	151	38	fig	fig	NOUN
fsr-3148	151	39	.	.	PUNCT
fsr-3148	152	1	3	3	X
fsr-3148	152	2	.	.	X
fsr-3148	152	3	for	for	ADP
fsr-3148	152	4	this	this	DET
fsr-3148	152	5	particular	particular	ADJ
fsr-3148	152	6	structured	structured	ADJ
fsr-3148	152	7	cd	cd	PROPN
fsr-3148	152	8	,	,	PUNCT
fsr-3148	152	9	we	we	PRON
fsr-3148	152	10	find	find	VERB
fsr-3148	152	11	that	that	SCONJ
fsr-3148	152	12	for	for	ADP
fsr-3148	152	13	each	each	DET
fsr-3148	152	14	basis	basis	NOUN
fsr-3148	152	15	point	point	NOUN
fsr-3148	152	16	increase	increase	NOUN
fsr-3148	152	17	in	in	ADP
fsr-3148	152	18	the	the	DET
fsr-3148	152	19	minimum	minimum	ADJ
fsr-3148	152	20	coupon	coupon	NOUN
fsr-3148	152	21	,	,	PUNCT
fsr-3148	152	22	barclays	barclay	NOUN
fsr-3148	152	23	would	would	AUX
fsr-3148	152	24	likely	likely	ADV
fsr-3148	152	25	require	require	VERB
fsr-3148	152	26	a	a	DET
fsr-3148	152	27	basis	basis	NOUN
fsr-3148	152	28	point	point	NOUN
fsr-3148	152	29	decrease	decrease	NOUN
fsr-3148	152	30	in	in	ADP
fsr-3148	152	31	the	the	DET
fsr-3148	152	32	local	local	ADJ
fsr-3148	152	33	cap	cap	NOUN
fsr-3148	152	34	level	level	NOUN
fsr-3148	152	35	to	to	PART
fsr-3148	152	36	achieve	achieve	VERB
fsr-3148	152	37	the	the	DET
fsr-3148	152	38	same	same	ADJ
fsr-3148	152	39	level	level	NOUN
fsr-3148	152	40	of	of	ADP
fsr-3148	152	41	profit	profit	NOUN
fsr-3148	152	42	.	.	PUNCT
fsr-3148	153	1	4.3	4.3	NUM
fsr-3148	153	2	.	.	PUNCT
fsr-3148	153	3	average	average	ADJ
fsr-3148	153	4	return	return	NOUN
fsr-3148	153	5	(	(	PUNCT
fsr-3148	153	6	asian	asian	ADJ
fsr-3148	153	7	)	)	PUNCT
fsr-3148	153	8	cd	cd	PROPN
fsr-3148	153	9	a	a	DET
fsr-3148	153	10	third	third	ADJ
fsr-3148	153	11	common	common	ADJ
fsr-3148	153	12	type	type	NOUN
fsr-3148	153	13	of	of	ADP
fsr-3148	153	14	structured	structured	ADJ
fsr-3148	153	15	cd	cd	NOUN
fsr-3148	153	16	in	in	ADP
fsr-3148	153	17	our	our	PRON
fsr-3148	153	18	sample	sample	NOUN
fsr-3148	153	19	resembles	resemble	VERB
fsr-3148	153	20	an	an	DET
fsr-3148	153	21	average	average	ADJ
fsr-3148	153	22	value	value	NOUN
fsr-3148	153	23	option	option	NOUN
fsr-3148	153	24	,	,	PUNCT
fsr-3148	153	25	also	also	ADV
fsr-3148	153	26	known	know	VERB
fsr-3148	153	27	as	as	ADP
fsr-3148	153	28	an	an	DET
fsr-3148	153	29	asian	asian	ADJ
fsr-3148	153	30	option	option	NOUN
fsr-3148	153	31	.	.	PUNCT
fsr-3148	154	1	the	the	DET
fsr-3148	154	2	issuer	issuer	NOUN
fsr-3148	154	3	of	of	ADP
fsr-3148	154	4	an	an	DET
fsr-3148	154	5	“	"	PUNCT
fsr-3148	154	6	average	average	ADJ
fsr-3148	154	7	return	return	NOUN
fsr-3148	154	8	”	"	PUNCT
fsr-3148	154	9	cd	cd	PROPN
fsr-3148	154	10	observes	observe	VERB
fsr-3148	154	11	the	the	DET
fsr-3148	154	12	underlying	underlie	VERB
fsr-3148	154	13	asset	asset	NOUN
fsr-3148	154	14	at	at	ADP
fsr-3148	154	15	several	several	ADJ
fsr-3148	154	16	(	(	PUNCT
fsr-3148	154	17	n	n	CCONJ
fsr-3148	154	18	)	)	PUNCT
fsr-3148	154	19	points	point	NOUN
fsr-3148	154	20	during	during	ADP
fsr-3148	154	21	the	the	DET
fsr-3148	154	22	term	term	NOUN
fsr-3148	154	23	of	of	ADP
fsr-3148	154	24	the	the	DET
fsr-3148	154	25	cd	cd	PROPN
fsr-3148	154	26	and	and	CCONJ
fsr-3148	154	27	then	then	ADV
fsr-3148	154	28	calculates	calculate	VERB
fsr-3148	154	29	the	the	DET
fsr-3148	154	30	average	average	NOUN
fsr-3148	154	31	of	of	ADP
fsr-3148	154	32	those	those	DET
fsr-3148	154	33	levels	level	NOUN
fsr-3148	154	34	(	(	PUNCT
fsr-3148	154	35	li	li	NOUN
fsr-3148	154	36	)	)	PUNCT
fsr-3148	154	37	to	to	PART
fsr-3148	154	38	determine	determine	VERB
fsr-3148	154	39	the	the	DET
fsr-3148	154	40	underlying	underlie	VERB
fsr-3148	154	41	return	return	NOUN
fsr-3148	154	42	.	.	PUNCT
fsr-3148	155	1	a	a	DET
fsr-3148	155	2	floor	floor	NOUN
fsr-3148	155	3	(	(	PUNCT
fsr-3148	155	4	rf	rf	NOUN
fsr-3148	155	5	)	)	PUNCT
fsr-3148	155	6	,	,	PUNCT
fsr-3148	155	7	cap	cap	NOUN
fsr-3148	155	8	(	(	PUNCT
fsr-3148	155	9	rc	rc	PROPN
fsr-3148	155	10	)	)	PUNCT
fsr-3148	155	11	,	,	PUNCT
fsr-3148	155	12	and/or	and/or	CCONJ
fsr-3148	155	13	participation	participation	NOUN
fsr-3148	155	14	rate	rate	NOUN
fsr-3148	155	15	(	(	PUNCT
fsr-3148	155	16	�	�	PROPN
fsr-3148	155	17	)	)	PUNCT
fsr-3148	155	18	may	may	AUX
fsr-3148	155	19	then	then	ADV
fsr-3148	155	20	be	be	AUX
fsr-3148	155	21	applied	apply	VERB
fsr-3148	155	22	to	to	ADP
fsr-3148	155	23	the	the	DET
fsr-3148	155	24	observed	observe	VERB
fsr-3148	155	25	average	average	ADJ
fsr-3148	155	26	return	return	NOUN
fsr-3148	155	27	to	to	PART
fsr-3148	155	28	yield	yield	VERB
fsr-3148	155	29	the	the	DET
fsr-3148	155	30	return	return	NOUN
fsr-3148	155	31	at	at	ADP
fsr-3148	155	32	maturity	maturity	NOUN
fsr-3148	155	33	r	r	NOUN
fsr-3148	155	34	�	�	PROPN
fsr-3148	155	35	min	min	PROPN
fsr-3148	155	36	�	�	PROPN
fsr-3148	155	37	max	max	PROPN
fsr-3148	155	38	�	�	PROPN
fsr-3148	155	39	�	�	PROPN
fsr-3148	155	40	n	n	CCONJ
fsr-3148	155	41	�	�	PROPN
fsr-3148	155	42	i	i	NOUN
fsr-3148	155	43	1	1	NUM
fsr-3148	155	44	n	n	NUM
fsr-3148	155	45	li	li	PROPN
fsr-3148	155	46	�	�	PROPN
fsr-3148	155	47	l0	l0	PROPN
fsr-3148	155	48	l0	l0	PROPN
fsr-3148	155	49	,	,	PUNCT
fsr-3148	155	50	rf	rf	NOUN
fsr-3148	155	51	�	�	PROPN
fsr-3148	155	52	,	,	PUNCT
fsr-3148	155	53	rc	rc	PROPN
fsr-3148	155	54	�	�	PROPN
fsr-3148	155	55	(	(	PUNCT
fsr-3148	155	56	4	4	NUM
fsr-3148	155	57	)	)	PUNCT
fsr-3148	155	58	227	227	NUM
fsr-3148	155	59	g.	g.	PROPN
fsr-3148	155	60	deng	deng	PROPN
fsr-3148	155	61	et	et	PROPN
fsr-3148	155	62	al	al	PROPN
fsr-3148	155	63	.	.	PUNCT
fsr-3148	155	64	/	/	SYM
fsr-3148	155	65	financial	financial	ADJ
fsr-3148	155	66	services	service	NOUN
fsr-3148	155	67	review	review	VERB
fsr-3148	155	68	23	23	NUM
fsr-3148	155	69	(	(	PUNCT
fsr-3148	155	70	2014	2014	NUM
fsr-3148	155	71	)	)	PUNCT
fsr-3148	156	1	219–237	219–237	NUM
fsr-3148	156	2	where	where	SCONJ
fsr-3148	156	3	l0	l0	PROPN
fsr-3148	156	4	is	be	AUX
fsr-3148	156	5	the	the	DET
fsr-3148	156	6	initial	initial	ADJ
fsr-3148	156	7	level	level	NOUN
fsr-3148	156	8	of	of	ADP
fsr-3148	156	9	the	the	DET
fsr-3148	156	10	underlying	underlie	VERB
fsr-3148	156	11	asset	asset	NOUN
fsr-3148	156	12	.	.	PUNCT
fsr-3148	157	1	as	as	ADP
fsr-3148	157	2	with	with	ADP
fsr-3148	157	3	the	the	DET
fsr-3148	157	4	other	other	ADJ
fsr-3148	157	5	types	type	NOUN
fsr-3148	157	6	of	of	ADP
fsr-3148	157	7	structured	structured	ADJ
fsr-3148	157	8	cds	cd	NOUN
fsr-3148	157	9	,	,	PUNCT
fsr-3148	157	10	we	we	PRON
fsr-3148	157	11	can	can	AUX
fsr-3148	157	12	write	write	VERB
fsr-3148	157	13	the	the	DET
fsr-3148	157	14	value	value	NOUN
fsr-3148	157	15	of	of	ADP
fsr-3148	157	16	the	the	DET
fsr-3148	157	17	structured	structured	ADJ
fsr-3148	157	18	cd	cd	PROPN
fsr-3148	157	19	(	(	PUNCT
fsr-3148	157	20	vscd	vscd	PROPN
fsr-3148	157	21	)	)	PUNCT
fsr-3148	157	22	as	as	ADP
fsr-3148	157	23	a	a	DET
fsr-3148	157	24	component	component	NOUN
fsr-3148	157	25	free	free	ADJ
fsr-3148	157	26	of	of	ADP
fsr-3148	157	27	credit	credit	NOUN
fsr-3148	157	28	risk	risk	NOUN
fsr-3148	157	29	and	and	CCONJ
fsr-3148	157	30	a	a	DET
fsr-3148	157	31	component	component	NOUN
fsr-3148	157	32	exposed	expose	VERB
fsr-3148	157	33	to	to	ADP
fsr-3148	157	34	market	market	NOUN
fsr-3148	157	35	/	/	SYM
fsr-3148	157	36	credit	credit	NOUN
fsr-3148	157	37	risk	risk	NOUN
fsr-3148	157	38	:	:	PUNCT
fsr-3148	157	39	vscd	vscd	VERB
fsr-3148	157	40	�	�	PROPN
fsr-3148	157	41	e	e	SYM
fsr-3148	157	42	�	�	PROPN
fsr-3148	157	43	t	t	PROPN
fsr-3148	157	44	�	�	PROPN
fsr-3148	157	45	�	�	PROPN
fsr-3148	157	46	pe	pe	PROPN
fsr-3148	157	47	�	�	PROPN
fsr-3148	157	48	rt	rt	PROPN
fsr-3148	157	49	�	�	PROPN
fsr-3148	157	50	pe	pe	PROPN
fsr-3148	157	51	�	�	PROPN
fsr-3148	157	52	�	�	PROPN
fsr-3148	157	53	r	r	NOUN
fsr-3148	157	54	�	�	PROPN
fsr-3148	157	55	c	c	NOUN
fsr-3148	157	56	�	�	PROPN
fsr-3148	157	57	tr	tr	VERB
fsr-3148	157	58	�	�	PROPN
fsr-3148	157	59	�	�	PROPN
fsr-3148	157	60	pe	pe	PROPN
fsr-3148	157	61	�	�	PROPN
fsr-3148	157	62	rt	rt	PROPN
fsr-3148	157	63	�	�	PROPN
fsr-3148	157	64	e	e	PROPN
fsr-3148	157	65	�	�	PROPN
fsr-3148	157	66	t	t	PROPN
fsr-3148	157	67	�	�	PROPN
fsr-3148	157	68	�	�	PROPN
fsr-3148	157	69	pe	pe	PROPN
fsr-3148	157	70	�	�	PROPN
fsr-3148	157	71	�	�	PROPN
fsr-3148	157	72	r	r	NOUN
fsr-3148	157	73	�	�	PROPN
fsr-3148	157	74	c	c	NOUN
fsr-3148	157	75	�	�	PROPN
fsr-3148	157	76	tr	tr	VERB
fsr-3148	157	77	�	�	NOUN
fsr-3148	157	78	❘	❘	NOUN
fsr-3148	157	79	market	market	NOUN
fsr-3148	157	80	/	/	SYM
fsr-3148	157	81	credit	credit	NOUN
fsr-3148	157	82	risk	risk	NOUN
fsr-3148	157	83	(	(	PUNCT
fsr-3148	157	84	5	5	NUM
fsr-3148	157	85	)	)	PUNCT
fsr-3148	157	86	where	where	SCONJ
fsr-3148	157	87	p	p	NOUN
fsr-3148	157	88	is	be	AUX
fsr-3148	157	89	the	the	DET
fsr-3148	157	90	face	face	NOUN
fsr-3148	157	91	-	-	PUNCT
fsr-3148	157	92	value	value	NOUN
fsr-3148	157	93	of	of	ADP
fsr-3148	157	94	the	the	DET
fsr-3148	157	95	cd	cd	PROPN
fsr-3148	157	96	.	.	PUNCT
fsr-3148	158	1	as	as	ADP
fsr-3148	158	2	an	an	DET
fsr-3148	158	3	example	example	NOUN
fsr-3148	158	4	,	,	PUNCT
fsr-3148	158	5	on	on	ADP
fsr-3148	158	6	december	december	PROPN
fsr-3148	158	7	23	23	NUM
fsr-3148	158	8	,	,	PUNCT
fsr-3148	158	9	2010	2010	NUM
fsr-3148	158	10	suntrust	suntrust	NOUN
fsr-3148	158	11	issued	issue	VERB
fsr-3148	158	12	$	$	SYM
fsr-3148	158	13	13,235,000	13,235,000	NUM
fsr-3148	158	14	worth	worth	NOUN
fsr-3148	158	15	of	of	ADP
fsr-3148	158	16	indexlinked	indexlinke	VERB
fsr-3148	158	17	certificates	certificate	NOUN
fsr-3148	158	18	of	of	ADP
fsr-3148	158	19	deposit	deposit	NOUN
fsr-3148	158	20	linked	link	VERB
fsr-3148	158	21	to	to	ADP
fsr-3148	158	22	the	the	DET
fsr-3148	158	23	dow	dow	PROPN
fsr-3148	158	24	jones	jones	PROPN
fsr-3148	158	25	industrial	industrial	PROPN
fsr-3148	158	26	average	average	PROPN
fsr-3148	158	27	(	(	PUNCT
fsr-3148	158	28	cusip	cusip	NOUN
fsr-3148	158	29	:	:	PUNCT
fsr-3148	158	30	86789vly1	86789vly1	NUM
fsr-3148	158	31	)	)	PUNCT
fsr-3148	158	32	maturing	mature	VERB
fsr-3148	158	33	on	on	ADP
fsr-3148	158	34	december	december	PROPN
fsr-3148	158	35	20	20	NUM
fsr-3148	158	36	,	,	PUNCT
fsr-3148	158	37	2016	2016	NUM
fsr-3148	158	38	.	.	PUNCT
fsr-3148	159	1	the	the	DET
fsr-3148	159	2	returns	return	NOUN
fsr-3148	159	3	were	be	AUX
fsr-3148	159	4	subject	subject	ADJ
fsr-3148	159	5	to	to	ADP
fsr-3148	159	6	a	a	DET
fsr-3148	159	7	minimum	minimum	ADJ
fsr-3148	159	8	return	return	NOUN
fsr-3148	159	9	of	of	ADP
fsr-3148	159	10	8	8	NUM
fsr-3148	159	11	%	%	NOUN
fsr-3148	159	12	and	and	CCONJ
fsr-3148	159	13	a	a	DET
fsr-3148	159	14	cap	cap	NOUN
fsr-3148	159	15	of	of	ADP
fsr-3148	159	16	30	30	NUM
fsr-3148	159	17	%	%	NOUN
fsr-3148	159	18	.	.	PUNCT
fsr-3148	160	1	although	although	SCONJ
fsr-3148	160	2	the	the	DET
fsr-3148	160	3	structured	structured	ADJ
fsr-3148	160	4	cds	cd	NOUN
fsr-3148	160	5	only	only	ADV
fsr-3148	160	6	pay	pay	VERB
fsr-3148	160	7	out	out	ADP
fsr-3148	160	8	at	at	ADP
fsr-3148	160	9	maturity	maturity	NOUN
fsr-3148	160	10	,	,	PUNCT
fsr-3148	160	11	suntrust	suntrust	PROPN
fsr-3148	160	12	observes	observe	VERB
fsr-3148	160	13	the	the	DET
fsr-3148	160	14	dow	dow	PROPN
fsr-3148	160	15	jones	jones	PROPN
fsr-3148	160	16	industrial	industrial	PROPN
fsr-3148	160	17	average	average	PROPN
fsr-3148	160	18	quarterly	quarterly	NOUN
fsr-3148	160	19	and	and	CCONJ
fsr-3148	160	20	the	the	DET
fsr-3148	160	21	resulting	result	VERB
fsr-3148	160	22	24	24	NUM
fsr-3148	160	23	observed	observed	ADJ
fsr-3148	160	24	levels	level	NOUN
fsr-3148	160	25	are	be	AUX
fsr-3148	160	26	averaged	average	VERB
fsr-3148	160	27	.	.	PUNCT
fsr-3148	161	1	based	base	VERB
fsr-3148	161	2	on	on	ADP
fsr-3148	161	3	our	our	PRON
fsr-3148	161	4	valuation	valuation	NOUN
fsr-3148	161	5	methodology	methodology	NOUN
fsr-3148	161	6	,	,	PUNCT
fsr-3148	161	7	we	we	PRON
fsr-3148	161	8	find	find	VERB
fsr-3148	161	9	that	that	SCONJ
fsr-3148	161	10	this	this	DET
fsr-3148	161	11	cd	cd	NOUN
fsr-3148	161	12	was	be	AUX
fsr-3148	161	13	worth	worth	ADJ
fsr-3148	161	14	approximately	approximately	ADV
fsr-3148	161	15	$	$	SYM
fsr-3148	161	16	932.46	932.46	NUM
fsr-3148	161	17	when	when	SCONJ
fsr-3148	161	18	it	it	PRON
fsr-3148	161	19	was	be	AUX
fsr-3148	161	20	issued	issue	VERB
fsr-3148	161	21	in	in	ADP
fsr-3148	161	22	december	december	PROPN
fsr-3148	161	23	2010	2010	NUM
fsr-3148	161	24	,	,	PUNCT
fsr-3148	161	25	�	�	PROPN
fsr-3148	161	26	96	96	NUM
fsr-3148	161	27	%	%	NOUN
fsr-3148	161	28	of	of	ADP
fsr-3148	161	29	the	the	DET
fsr-3148	161	30	value	value	NOUN
fsr-3148	161	31	of	of	ADP
fsr-3148	161	32	a	a	DET
fsr-3148	161	33	contemporaneously	contemporaneously	ADV
fsr-3148	161	34	issued	issue	VERB
fsr-3148	161	35	fixed	fix	VERB
fsr-3148	161	36	-	-	PUNCT
fsr-3148	161	37	rate	rate	NOUN
fsr-3148	161	38	cd	cd	PROPN
fsr-3148	161	39	.	.	PUNCT
fsr-3148	162	1	averaging	average	VERB
fsr-3148	162	2	periodic	periodic	ADJ
fsr-3148	162	3	levels	level	NOUN
fsr-3148	162	4	reduces	reduce	VERB
fsr-3148	162	5	the	the	DET
fsr-3148	162	6	value	value	NOUN
fsr-3148	162	7	of	of	ADP
fsr-3148	162	8	asian	asian	ADJ
fsr-3148	162	9	options	option	NOUN
fsr-3148	162	10	compared	compare	VERB
fsr-3148	162	11	with	with	ADP
fsr-3148	162	12	traditional	traditional	ADJ
fsr-3148	162	13	european	european	ADJ
fsr-3148	162	14	options	option	NOUN
fsr-3148	162	15	.	.	PUNCT
fsr-3148	163	1	the	the	DET
fsr-3148	163	2	type	type	NOUN
fsr-3148	163	3	of	of	ADP
fsr-3148	163	4	crediting	credit	VERB
fsr-3148	163	5	formula	formula	NOUN
fsr-3148	163	6	used	use	VERB
fsr-3148	163	7	in	in	ADP
fsr-3148	163	8	the	the	DET
fsr-3148	163	9	structured	structured	ADJ
fsr-3148	163	10	cds	cd	NOUN
fsr-3148	163	11	we	we	PRON
fsr-3148	163	12	study	study	VERB
fsr-3148	163	13	here	here	ADV
fsr-3148	163	14	is	be	AUX
fsr-3148	163	15	known	know	VERB
fsr-3148	163	16	as	as	ADP
fsr-3148	163	17	an	an	DET
fsr-3148	163	18	“	"	PUNCT
fsr-3148	163	19	averaging	averaging	NOUN
fsr-3148	163	20	-	-	PUNCT
fsr-3148	163	21	in	in	ADP
fsr-3148	163	22	”	"	PUNCT
fsr-3148	163	23	procedure	procedure	NOUN
fsr-3148	163	24	,	,	PUNCT
fsr-3148	163	25	as	as	SCONJ
fsr-3148	163	26	it	it	PRON
fsr-3148	163	27	uses	use	VERB
fsr-3148	163	28	periodically	periodically	ADV
fsr-3148	163	29	observed	observe	VERB
fsr-3148	163	30	levels	level	NOUN
fsr-3148	163	31	,	,	PUNCT
fsr-3148	163	32	as	as	SCONJ
fsr-3148	163	33	opposed	oppose	VERB
fsr-3148	163	34	to	to	ADP
fsr-3148	163	35	an	an	DET
fsr-3148	163	36	“	"	PUNCT
fsr-3148	163	37	averaging	average	VERB
fsr-3148	163	38	-	-	PUNCT
fsr-3148	163	39	out	out	ADP
fsr-3148	163	40	”	"	PUNCT
fsr-3148	163	41	procedure	procedure	NOUN
fsr-3148	163	42	that	that	PRON
fsr-3148	163	43	would	would	AUX
fsr-3148	163	44	average	average	VERB
fsr-3148	163	45	several	several	ADJ
fsr-3148	163	46	observation	observation	NOUN
fsr-3148	163	47	made	make	VERB
fsr-3148	163	48	closer	close	ADJ
fsr-3148	163	49	to	to	ADP
fsr-3148	163	50	maturity	maturity	NOUN
fsr-3148	163	51	(	(	PUNCT
fsr-3148	163	52	bouzoubaa	bouzoubaa	NOUN
fsr-3148	163	53	and	and	CCONJ
fsr-3148	163	54	osseiran	osseiran	ADJ
fsr-3148	163	55	,	,	PUNCT
fsr-3148	163	56	2010	2010	NUM
fsr-3148	163	57	)	)	PUNCT
fsr-3148	163	58	.	.	PUNCT
fsr-3148	164	1	“	"	PUNCT
fsr-3148	164	2	averaging	average	VERB
fsr-3148	164	3	-	-	PUNCT
fsr-3148	164	4	in	in	ADP
fsr-3148	164	5	”	"	PUNCT
fsr-3148	164	6	includes	include	VERB
fsr-3148	164	7	levels	level	NOUN
fsr-3148	164	8	observed	observe	VERB
fsr-3148	164	9	throughfig	throughfig	PROPN
fsr-3148	164	10	.	.	PUNCT
fsr-3148	165	1	3	3	X
fsr-3148	165	2	.	.	X
fsr-3148	165	3	contour	contour	NOUN
fsr-3148	165	4	plot	plot	NOUN
fsr-3148	165	5	for	for	ADP
fsr-3148	165	6	barclays	barclay	NOUN
fsr-3148	165	7	ratchet	ratchet	NOUN
fsr-3148	165	8	structured	structure	VERB
fsr-3148	165	9	cd	cd	PROPN
fsr-3148	165	10	(	(	PUNCT
fsr-3148	165	11	cusip	cusip	NOUN
fsr-3148	165	12	:	:	PUNCT
fsr-3148	165	13	06740amd8	06740amd8	NOUN
fsr-3148	165	14	)	)	PUNCT
fsr-3148	165	15	.	.	PUNCT
fsr-3148	166	1	228	228	NUM
fsr-3148	166	2	g.	g.	PROPN
fsr-3148	166	3	deng	deng	PROPN
fsr-3148	166	4	et	et	PROPN
fsr-3148	166	5	al	al	PROPN
fsr-3148	166	6	.	.	PUNCT
fsr-3148	166	7	/	/	SYM
fsr-3148	166	8	financial	financial	ADJ
fsr-3148	166	9	services	service	NOUN
fsr-3148	166	10	review	review	VERB
fsr-3148	166	11	23	23	NUM
fsr-3148	166	12	(	(	PUNCT
fsr-3148	166	13	2014	2014	NUM
fsr-3148	166	14	)	)	PUNCT
fsr-3148	167	1	219–237	219–237	NUM
fsr-3148	167	2	out	out	ADP
fsr-3148	167	3	the	the	DET
fsr-3148	167	4	term	term	NOUN
fsr-3148	167	5	of	of	ADP
fsr-3148	167	6	the	the	DET
fsr-3148	167	7	note	note	NOUN
fsr-3148	167	8	,	,	PUNCT
fsr-3148	167	9	meaning	mean	VERB
fsr-3148	167	10	that	that	SCONJ
fsr-3148	167	11	their	their	PRON
fsr-3148	167	12	average	average	NOUN
fsr-3148	167	13	will	will	AUX
fsr-3148	167	14	incorporate	incorporate	VERB
fsr-3148	167	15	returns	return	NOUN
fsr-3148	167	16	with	with	ADP
fsr-3148	167	17	widely	widely	ADV
fsr-3148	167	18	differing	differ	VERB
fsr-3148	167	19	terms	term	NOUN
fsr-3148	167	20	.	.	PUNCT
fsr-3148	168	1	if	if	SCONJ
fsr-3148	168	2	the	the	DET
fsr-3148	168	3	expected	expect	VERB
fsr-3148	168	4	return	return	NOUN
fsr-3148	168	5	on	on	ADP
fsr-3148	168	6	the	the	DET
fsr-3148	168	7	index	index	NOUN
fsr-3148	168	8	is	be	AUX
fsr-3148	168	9	positive	positive	ADJ
fsr-3148	168	10	,	,	PUNCT
fsr-3148	168	11	than	than	SCONJ
fsr-3148	168	12	on	on	ADP
fsr-3148	168	13	average	average	ADJ
fsr-3148	168	14	the	the	DET
fsr-3148	168	15	“	"	PUNCT
fsr-3148	168	16	averaging	averaging	NOUN
fsr-3148	168	17	-	-	PUNCT
fsr-3148	168	18	in	in	ADP
fsr-3148	168	19	”	"	PUNCT
fsr-3148	168	20	procedure	procedure	NOUN
fsr-3148	168	21	will	will	AUX
fsr-3148	168	22	reduce	reduce	VERB
fsr-3148	168	23	the	the	DET
fsr-3148	168	24	value	value	NOUN
fsr-3148	168	25	of	of	ADP
fsr-3148	168	26	the	the	DET
fsr-3148	168	27	product	product	NOUN
fsr-3148	168	28	relative	relative	ADJ
fsr-3148	168	29	to	to	ADP
fsr-3148	168	30	an	an	DET
fsr-3148	168	31	“	"	PUNCT
fsr-3148	168	32	averaging	average	VERB
fsr-3148	168	33	-	-	PUNCT
fsr-3148	168	34	out	out	ADP
fsr-3148	168	35	”	"	PUNCT
fsr-3148	168	36	style	style	NOUN
fsr-3148	168	37	product	product	NOUN
fsr-3148	168	38	,	,	PUNCT
fsr-3148	168	39	all	all	DET
fsr-3148	168	40	else	else	ADV
fsr-3148	168	41	constant	constant	ADJ
fsr-3148	168	42	.	.	PUNCT
fsr-3148	169	1	4.4	4.4	NUM
fsr-3148	169	2	.	.	PUNCT
fsr-3148	170	1	single	single	ADJ
fsr-3148	170	2	-	-	PUNCT
fsr-3148	170	3	observation	observation	NOUN
fsr-3148	170	4	cd	cd	NOUN
fsr-3148	170	5	the	the	DET
fsr-3148	170	6	simplest	simple	ADJ
fsr-3148	170	7	structured	structured	ADJ
fsr-3148	170	8	cds	cd	NOUN
fsr-3148	170	9	do	do	AUX
fsr-3148	170	10	not	not	PART
fsr-3148	170	11	pay	pay	VERB
fsr-3148	170	12	coupons	coupon	NOUN
fsr-3148	170	13	but	but	CCONJ
fsr-3148	170	14	pay	pay	VERB
fsr-3148	170	15	a	a	DET
fsr-3148	170	16	contingent	contingent	ADJ
fsr-3148	170	17	return	return	NOUN
fsr-3148	170	18	at	at	ADP
fsr-3148	170	19	maturity	maturity	NOUN
fsr-3148	170	20	if	if	SCONJ
fsr-3148	170	21	the	the	DET
fsr-3148	170	22	index	index	NOUN
fsr-3148	170	23	increases	increase	VERB
fsr-3148	170	24	during	during	ADP
fsr-3148	170	25	the	the	DET
fsr-3148	170	26	term	term	NOUN
fsr-3148	170	27	of	of	ADP
fsr-3148	170	28	the	the	DET
fsr-3148	170	29	note.26	note.26	ADJ
fsr-3148	170	30	the	the	DET
fsr-3148	170	31	contingent	contingent	NOUN
fsr-3148	170	32	payout	payout	NOUN
fsr-3148	170	33	can	can	AUX
fsr-3148	170	34	be	be	AUX
fsr-3148	170	35	modeled	model	VERB
fsr-3148	170	36	as	as	ADP
fsr-3148	170	37	payoffs	payoff	NOUN
fsr-3148	170	38	to	to	ADP
fsr-3148	170	39	long	long	ADJ
fsr-3148	170	40	-	-	PUNCT
fsr-3148	170	41	term	term	NOUN
fsr-3148	170	42	call	call	NOUN
fsr-3148	170	43	options	option	NOUN
fsr-3148	170	44	on	on	ADP
fsr-3148	170	45	the	the	DET
fsr-3148	170	46	linked	link	VERB
fsr-3148	170	47	asset	asset	NOUN
fsr-3148	170	48	.	.	PUNCT
fsr-3148	171	1	the	the	DET
fsr-3148	171	2	return	return	NOUN
fsr-3148	171	3	on	on	ADP
fsr-3148	171	4	these	these	DET
fsr-3148	171	5	cds	cd	NOUN
fsr-3148	171	6	is	be	AUX
fsr-3148	171	7	capped	cap	VERB
fsr-3148	171	8	at	at	ADP
fsr-3148	171	9	a	a	DET
fsr-3148	171	10	maximum	maximum	ADJ
fsr-3148	171	11	return	return	NOUN
fsr-3148	171	12	,	,	PUNCT
fsr-3148	171	13	which	which	PRON
fsr-3148	171	14	is	be	AUX
fsr-3148	171	15	equivalent	equivalent	ADJ
fsr-3148	171	16	to	to	ADP
fsr-3148	171	17	including	include	VERB
fsr-3148	171	18	the	the	DET
fsr-3148	171	19	payoffs	payoff	NOUN
fsr-3148	171	20	to	to	ADP
fsr-3148	171	21	a	a	DET
fsr-3148	171	22	short	short	ADJ
fsr-3148	171	23	out	out	ADJ
fsr-3148	171	24	-	-	PUNCT
fsr-3148	171	25	of	of	ADP
fsr-3148	171	26	-	-	PUNCT
fsr-3148	171	27	themoney	themoney	NOUN
fsr-3148	171	28	call	call	NOUN
fsr-3148	171	29	option	option	NOUN
fsr-3148	171	30	.	.	PUNCT
fsr-3148	172	1	the	the	DET
fsr-3148	172	2	participation	participation	NOUN
fsr-3148	172	3	rate	rate	NOUN
fsr-3148	172	4	effectively	effectively	ADV
fsr-3148	172	5	changes	change	VERB
fsr-3148	172	6	the	the	DET
fsr-3148	172	7	number	number	NOUN
fsr-3148	172	8	of	of	ADP
fsr-3148	172	9	call	call	NOUN
fsr-3148	172	10	options	option	NOUN
fsr-3148	172	11	the	the	DET
fsr-3148	172	12	investor	investor	NOUN
fsr-3148	172	13	is	be	AUX
fsr-3148	172	14	long	long	ADJ
fsr-3148	172	15	and	and	CCONJ
fsr-3148	172	16	short	short	ADJ
fsr-3148	172	17	.	.	PUNCT
fsr-3148	173	1	let	let	VERB
fsr-3148	173	2	the	the	DET
fsr-3148	173	3	participation	participation	NOUN
fsr-3148	173	4	rate	rate	NOUN
fsr-3148	173	5	be	be	AUX
fsr-3148	173	6	given	give	VERB
fsr-3148	173	7	by	by	ADP
fsr-3148	173	8	�	�	PROPN
fsr-3148	173	9	and	and	CCONJ
fsr-3148	173	10	the	the	DET
fsr-3148	173	11	maximum	maximum	ADJ
fsr-3148	173	12	(	(	PUNCT
fsr-3148	173	13	or	or	CCONJ
fsr-3148	173	14	capped	cap	VERB
fsr-3148	173	15	)	)	PUNCT
fsr-3148	173	16	return	return	NOUN
fsr-3148	173	17	be	be	AUX
fsr-3148	173	18	given	give	VERB
fsr-3148	173	19	by	by	ADP
fsr-3148	173	20	rc	rc	PROPN
fsr-3148	173	21	and	and	CCONJ
fsr-3148	173	22	minimum	minimum	NOUN
fsr-3148	173	23	(	(	PUNCT
fsr-3148	173	24	floored	floored	ADJ
fsr-3148	173	25	)	)	PUNCT
fsr-3148	173	26	return	return	NOUN
fsr-3148	173	27	rf	rf	NOUN
fsr-3148	173	28	.	.	PUNCT
fsr-3148	174	1	the	the	DET
fsr-3148	174	2	value	value	NOUN
fsr-3148	174	3	of	of	ADP
fsr-3148	174	4	the	the	DET
fsr-3148	174	5	structured	structured	ADJ
fsr-3148	174	6	certificate	certificate	NOUN
fsr-3148	174	7	of	of	ADP
fsr-3148	174	8	deposit	deposit	NOUN
fsr-3148	174	9	vscd	vscd	NOUN
fsr-3148	174	10	with	with	ADP
fsr-3148	174	11	face	face	NOUN
fsr-3148	174	12	-	-	PUNCT
fsr-3148	174	13	value	value	NOUN
fsr-3148	174	14	p	p	NOUN
fsr-3148	174	15	and	and	CCONJ
fsr-3148	174	16	term	term	NOUN
fsr-3148	174	17	t	t	PROPN
fsr-3148	174	18	is	be	AUX
fsr-3148	174	19	given	give	VERB
fsr-3148	174	20	by	by	ADP
fsr-3148	174	21	vscd	vscd	NOUN
fsr-3148	175	1	�	�	PROPN
fsr-3148	175	2	pe	pe	SYM
fsr-3148	175	3	�	�	PROPN
fsr-3148	175	4	rt	rt	PROPN
fsr-3148	175	5	�	�	PROPN
fsr-3148	175	6	e	e	PROPN
fsr-3148	175	7	�	�	PROPN
fsr-3148	175	8	t	t	PROPN
fsr-3148	175	9	�	�	PROPN
fsr-3148	175	10	�	�	PROPN
fsr-3148	175	11	pe	pe	PROPN
fsr-3148	175	12	�	�	PROPN
fsr-3148	175	13	�	�	PROPN
fsr-3148	175	14	r	r	NOUN
fsr-3148	175	15	�	�	PROPN
fsr-3148	175	16	c	c	PROPN
fsr-3148	175	17	�	�	PROPN
fsr-3148	175	18	t	t	PROPN
fsr-3148	175	19	min	min	PROPN
fsr-3148	175	20	�	�	PROPN
fsr-3148	175	21	max	max	PROPN
fsr-3148	175	22	�	�	PROPN
fsr-3148	175	23	�	�	PROPN
fsr-3148	175	24	r	r	NOUN
fsr-3148	175	25	,	,	PUNCT
fsr-3148	175	26	rf	rf	NOUN
fsr-3148	175	27	�	�	PROPN
fsr-3148	175	28	,rc	,rc	PUNCT
fsr-3148	175	29	�	�	PROPN
fsr-3148	175	30	�	�	PROPN
fsr-3148	175	31	❘	❘	PROPN
fsr-3148	175	32	risky	risky	ADJ
fsr-3148	175	33	component	component	NOUN
fsr-3148	175	34	(	(	PUNCT
fsr-3148	175	35	6	6	NUM
fsr-3148	175	36	)	)	PUNCT
fsr-3148	175	37	in	in	ADP
fsr-3148	175	38	eq	eq	ADP
fsr-3148	175	39	.	.	PUNCT
fsr-3148	176	1	(	(	PUNCT
fsr-3148	176	2	6	6	NUM
fsr-3148	176	3	)	)	PUNCT
fsr-3148	176	4	,	,	PUNCT
fsr-3148	176	5	r	r	NOUN
fsr-3148	176	6	is	be	AUX
fsr-3148	176	7	the	the	DET
fsr-3148	176	8	risk	risk	NOUN
fsr-3148	176	9	-	-	PUNCT
fsr-3148	176	10	free	free	ADJ
fsr-3148	176	11	rate	rate	NOUN
fsr-3148	176	12	and	and	CCONJ
fsr-3148	176	13	c	c	NOUN
fsr-3148	176	14	is	be	AUX
fsr-3148	176	15	the	the	DET
fsr-3148	176	16	cds	cds	PROPN
fsr-3148	176	17	rate	rate	NOUN
fsr-3148	176	18	of	of	ADP
fsr-3148	176	19	the	the	DET
fsr-3148	176	20	issuer	issuer	NOUN
fsr-3148	176	21	.	.	PUNCT
fsr-3148	177	1	because	because	SCONJ
fsr-3148	177	2	the	the	DET
fsr-3148	177	3	market	market	NOUN
fsr-3148	177	4	-	-	PUNCT
fsr-3148	177	5	contingent	contingent	NOUN
fsr-3148	177	6	component	component	NOUN
fsr-3148	177	7	is	be	AUX
fsr-3148	177	8	not	not	PART
fsr-3148	177	9	paid	pay	VERB
fsr-3148	177	10	until	until	ADP
fsr-3148	177	11	maturity	maturity	NOUN
fsr-3148	177	12	and	and	CCONJ
fsr-3148	177	13	these	these	DET
fsr-3148	177	14	cds	cd	NOUN
fsr-3148	177	15	are	be	AUX
fsr-3148	177	16	typically	typically	ADV
fsr-3148	177	17	longdated	longdate	VERB
fsr-3148	177	18	,	,	PUNCT
fsr-3148	177	19	a	a	DET
fsr-3148	177	20	significant	significant	ADJ
fsr-3148	177	21	liability	liability	NOUN
fsr-3148	177	22	could	could	AUX
fsr-3148	177	23	build	build	VERB
fsr-3148	177	24	up	up	ADP
fsr-3148	177	25	with	with	ADP
fsr-3148	177	26	respect	respect	NOUN
fsr-3148	177	27	to	to	ADP
fsr-3148	177	28	such	such	DET
fsr-3148	177	29	a	a	DET
fsr-3148	177	30	cd	cd	NOUN
fsr-3148	177	31	(	(	PUNCT
fsr-3148	177	32	especially	especially	ADV
fsr-3148	177	33	if	if	SCONJ
fsr-3148	177	34	it	it	PRON
fsr-3148	177	35	is	be	AUX
fsr-3148	177	36	not	not	PART
fsr-3148	177	37	callable	callable	ADJ
fsr-3148	177	38	)	)	PUNCT
fsr-3148	177	39	.	.	PUNCT
fsr-3148	178	1	eq	eq	X
fsr-3148	178	2	.	.	PUNCT
fsr-3148	179	1	(	(	PUNCT
fsr-3148	179	2	6	6	NUM
fsr-3148	179	3	)	)	PUNCT
fsr-3148	179	4	can	can	AUX
fsr-3148	179	5	be	be	AUX
fsr-3148	179	6	written	write	VERB
fsr-3148	179	7	in	in	ADP
fsr-3148	179	8	terms	term	NOUN
fsr-3148	179	9	of	of	ADP
fsr-3148	179	10	european	european	ADJ
fsr-3148	179	11	call	call	NOUN
fsr-3148	179	12	options	option	NOUN
fsr-3148	179	13	.	.	PUNCT
fsr-3148	180	1	let	let	VERB
fsr-3148	180	2	c(k	c(k	PROPN
fsr-3148	180	3	,	,	PUNCT
fsr-3148	180	4	t	t	PROPN
fsr-3148	180	5	)	)	PUNCT
fsr-3148	180	6	represent	represent	VERB
fsr-3148	180	7	the	the	DET
fsr-3148	180	8	value	value	NOUN
fsr-3148	180	9	of	of	ADP
fsr-3148	180	10	a	a	DET
fsr-3148	180	11	european	european	ADJ
fsr-3148	180	12	call	call	NOUN
fsr-3148	180	13	option	option	NOUN
fsr-3148	180	14	with	with	ADP
fsr-3148	180	15	strike	strike	NOUN
fsr-3148	180	16	price	price	NOUN
fsr-3148	180	17	k	k	NOUN
fsr-3148	180	18	,	,	PUNCT
fsr-3148	180	19	expiring	expire	VERB
fsr-3148	180	20	at	at	ADP
fsr-3148	180	21	time	time	NOUN
fsr-3148	180	22	t.	t.	NOUN
fsr-3148	180	23	the	the	DET
fsr-3148	180	24	value	value	NOUN
fsr-3148	180	25	of	of	ADP
fsr-3148	180	26	the	the	DET
fsr-3148	180	27	structured	structured	ADJ
fsr-3148	180	28	cd	cd	NOUN
fsr-3148	180	29	is	be	AUX
fsr-3148	180	30	then	then	ADV
fsr-3148	180	31	given	give	VERB
fsr-3148	180	32	by	by	ADP
fsr-3148	180	33	vscd	vscd	NOUN
fsr-3148	180	34	�	�	PROPN
fsr-3148	180	35	pe	pe	SYM
fsr-3148	180	36	�	�	PROPN
fsr-3148	180	37	rt	rt	PROPN
fsr-3148	180	38	�	�	PROPN
fsr-3148	180	39	p	p	PROPN
fsr-3148	180	40	s0	s0	PROPN
fsr-3148	180	41	e	e	PROPN
fsr-3148	180	42	�	�	PROPN
fsr-3148	180	43	ct	ct	PROPN
fsr-3148	180	44	�	�	PROPN
fsr-3148	180	45	�	�	PROPN
fsr-3148	180	46	c	c	PROPN
fsr-3148	180	47	�	�	PROPN
fsr-3148	180	48	s0,t	s0,t	PROPN
fsr-3148	180	49	�	�	PROPN
fsr-3148	180	50	�	�	PROPN
fsr-3148	180	51	c	c	PROPN
fsr-3148	180	52	�	�	PROPN
fsr-3148	180	53	s0	s0	PROPN
fsr-3148	180	54	�	�	PROPN
fsr-3148	180	55	1	1	NUM
fsr-3148	180	56	�	�	PROPN
fsr-3148	180	57	rc	rc	PROPN
fsr-3148	180	58	�	�	PROPN
fsr-3148	180	59	�	�	PROPN
fsr-3148	180	60	,	,	PUNCT
fsr-3148	180	61	t	t	PROPN
fsr-3148	180	62	�	�	PROPN
fsr-3148	180	63	�	�	PROPN
fsr-3148	180	64	�	�	PROPN
fsr-3148	180	65	prfe	prfe	PROPN
fsr-3148	180	66	�	�	PROPN
fsr-3148	180	67	�	�	PROPN
fsr-3148	180	68	r	r	NOUN
fsr-3148	180	69	�	�	PROPN
fsr-3148	180	70	c	c	NOUN
fsr-3148	180	71	�	�	PROPN
fsr-3148	180	72	t	t	NOUN
fsr-3148	180	73	❘	❘	NOUN
fsr-3148	180	74	market	market	NOUN
fsr-3148	180	75	/	/	SYM
fsr-3148	180	76	credit	credit	NOUN
fsr-3148	180	77	risk	risk	NOUN
fsr-3148	180	78	(	(	PUNCT
fsr-3148	180	79	7	7	NUM
fsr-3148	180	80	)	)	PUNCT
fsr-3148	180	81	where	where	SCONJ
fsr-3148	180	82	s0	s0	PROPN
fsr-3148	180	83	is	be	AUX
fsr-3148	180	84	the	the	DET
fsr-3148	180	85	initial	initial	ADJ
fsr-3148	180	86	price	price	NOUN
fsr-3148	180	87	/	/	SYM
fsr-3148	180	88	level	level	NOUN
fsr-3148	180	89	of	of	ADP
fsr-3148	180	90	the	the	DET
fsr-3148	180	91	linked	link	VERB
fsr-3148	180	92	asset	asset	NOUN
fsr-3148	180	93	.	.	PUNCT
fsr-3148	181	1	as	as	ADP
fsr-3148	181	2	an	an	DET
fsr-3148	181	3	example	example	NOUN
fsr-3148	181	4	,	,	PUNCT
fsr-3148	181	5	consider	consider	VERB
fsr-3148	181	6	the	the	DET
fsr-3148	181	7	citibank	citibank	NOUN
fsr-3148	181	8	,	,	PUNCT
fsr-3148	181	9	n.a	n.a	PROPN
fsr-3148	181	10	.	.	PROPN
fsr-3148	181	11	structured	structured	PROPN
fsr-3148	181	12	cd	cd	PROPN
fsr-3148	181	13	due	due	ADJ
fsr-3148	181	14	january	january	PROPN
fsr-3148	181	15	29	29	NUM
fsr-3148	181	16	,	,	PUNCT
fsr-3148	181	17	2016	2016	NUM
fsr-3148	181	18	linked	link	VERB
fsr-3148	181	19	to	to	ADP
fsr-3148	181	20	the	the	DET
fsr-3148	181	21	s&p	s&p	PROPN
fsr-3148	181	22	500	500	NUM
fsr-3148	181	23	(	(	PUNCT
fsr-3148	181	24	cusip	cusip	NOUN
fsr-3148	181	25	:	:	PUNCT
fsr-3148	181	26	172986bf7	172986bf7	NUM
fsr-3148	181	27	)	)	PUNCT
fsr-3148	181	28	.	.	PUNCT
fsr-3148	182	1	the	the	DET
fsr-3148	182	2	cd	cd	PROPN
fsr-3148	182	3	was	be	AUX
fsr-3148	182	4	priced	price	VERB
fsr-3148	182	5	on	on	ADP
fsr-3148	182	6	january	january	PROPN
fsr-3148	182	7	26	26	NUM
fsr-3148	182	8	,	,	PUNCT
fsr-3148	182	9	2010	2010	NUM
fsr-3148	182	10	and	and	CCONJ
fsr-3148	182	11	issued	issue	VERB
fsr-3148	182	12	on	on	ADP
fsr-3148	182	13	january	january	PROPN
fsr-3148	182	14	29	29	NUM
fsr-3148	182	15	,	,	PUNCT
fsr-3148	182	16	2010	2010	NUM
fsr-3148	182	17	.	.	PUNCT
fsr-3148	183	1	it	it	PRON
fsr-3148	183	2	pays	pay	VERB
fsr-3148	183	3	no	no	DET
fsr-3148	183	4	interest	interest	NOUN
fsr-3148	183	5	during	during	ADP
fsr-3148	183	6	the	the	DET
fsr-3148	183	7	six	six	NUM
fsr-3148	183	8	-	-	PUNCT
fsr-3148	183	9	year	year	NOUN
fsr-3148	183	10	term	term	NOUN
fsr-3148	183	11	and	and	CCONJ
fsr-3148	183	12	,	,	PUNCT
fsr-3148	183	13	at	at	ADP
fsr-3148	183	14	maturity	maturity	NOUN
fsr-3148	183	15	,	,	PUNCT
fsr-3148	183	16	pays	pay	VERB
fsr-3148	183	17	the	the	DET
fsr-3148	183	18	return	return	NOUN
fsr-3148	183	19	of	of	ADP
fsr-3148	183	20	the	the	DET
fsr-3148	183	21	s&p	s&p	PROPN
fsr-3148	183	22	500	500	NUM
fsr-3148	183	23	subject	subject	NOUN
fsr-3148	183	24	to	to	ADP
fsr-3148	183	25	a	a	DET
fsr-3148	183	26	maximum	maximum	ADJ
fsr-3148	183	27	return	return	NOUN
fsr-3148	183	28	of	of	ADP
fsr-3148	183	29	41	41	NUM
fsr-3148	183	30	%	%	NOUN
fsr-3148	183	31	(	(	PUNCT
fsr-3148	183	32	5.89	5.89	NUM
fsr-3148	183	33	%	%	NOUN
fsr-3148	183	34	annual	annual	ADJ
fsr-3148	183	35	percentage	percentage	NOUN
fsr-3148	183	36	yield	yield	NOUN
fsr-3148	183	37	)	)	PUNCT
fsr-3148	183	38	and	and	CCONJ
fsr-3148	183	39	a	a	DET
fsr-3148	183	40	minimum	minimum	ADJ
fsr-3148	183	41	return	return	NOUN
fsr-3148	183	42	of	of	ADP
fsr-3148	183	43	0	0	NUM
fsr-3148	183	44	%	%	NOUN
fsr-3148	183	45	.	.	PUNCT
fsr-3148	184	1	the	the	DET
fsr-3148	184	2	issue	issue	NOUN
fsr-3148	184	3	size	size	NOUN
fsr-3148	184	4	was	be	AUX
fsr-3148	184	5	$	$	SYM
fsr-3148	184	6	1,952,000	1,952,000	NUM
fsr-3148	184	7	.	.	PUNCT
fsr-3148	185	1	citibank	citibank	PROPN
fsr-3148	185	2	reported	report	VERB
fsr-3148	185	3	a	a	DET
fsr-3148	185	4	comparable	comparable	ADJ
fsr-3148	185	5	yield	yield	NOUN
fsr-3148	185	6	of	of	ADP
fsr-3148	185	7	3.18	3.18	NUM
fsr-3148	185	8	%	%	NOUN
fsr-3148	185	9	when	when	SCONJ
fsr-3148	185	10	the	the	DET
fsr-3148	185	11	average	average	ADJ
fsr-3148	185	12	rate	rate	NOUN
fsr-3148	185	13	for	for	ADP
fsr-3148	185	14	nonjumbo	nonjumbo	ADJ
fsr-3148	185	15	deposits	deposit	NOUN
fsr-3148	185	16	at	at	ADP
fsr-3148	185	17	this	this	DET
fsr-3148	185	18	time	time	NOUN
fsr-3148	185	19	was	be	AUX
fsr-3148	185	20	2.4	2.4	NUM
fsr-3148	185	21	%	%	NOUN
fsr-3148	185	22	and	and	CCONJ
fsr-3148	185	23	for	for	ADP
fsr-3148	185	24	jumbo	jumbo	ADJ
fsr-3148	185	25	deposits	deposit	NOUN
fsr-3148	185	26	was	be	AUX
fsr-3148	185	27	2.44%.27	2.44%.27	NUM
fsr-3148	185	28	the	the	DET
fsr-3148	185	29	difference	difference	NOUN
fsr-3148	185	30	between	between	ADP
fsr-3148	185	31	the	the	DET
fsr-3148	185	32	comparable	comparable	ADJ
fsr-3148	185	33	yield	yield	NOUN
fsr-3148	185	34	on	on	ADP
fsr-3148	185	35	this	this	DET
fsr-3148	185	36	cd	cd	PROPN
fsr-3148	185	37	and	and	CCONJ
fsr-3148	185	38	the	the	DET
fsr-3148	185	39	average	average	ADJ
fsr-3148	185	40	yield	yield	NOUN
fsr-3148	185	41	for	for	ADP
fsr-3148	185	42	fixed	fix	VERB
fsr-3148	185	43	-	-	PUNCT
fsr-3148	185	44	rate	rate	NOUN
fsr-3148	185	45	deposits	deposit	NOUN
fsr-3148	185	46	is	be	AUX
fsr-3148	185	47	close	close	ADJ
fsr-3148	185	48	to	to	ADP
fsr-3148	185	49	the	the	DET
fsr-3148	185	50	75	75	NUM
fsr-3148	185	51	basis	basis	NOUN
fsr-3148	185	52	point	point	NOUN
fsr-3148	185	53	fdic	fdic	PROPN
fsr-3148	185	54	cap	cap	PROPN
fsr-3148	185	55	.	.	PUNCT
fsr-3148	186	1	using	use	VERB
fsr-3148	186	2	the	the	DET
fsr-3148	186	3	terms	term	NOUN
fsr-3148	186	4	of	of	ADP
fsr-3148	186	5	the	the	DET
fsr-3148	186	6	contract	contract	NOUN
fsr-3148	186	7	and	and	CCONJ
fsr-3148	186	8	observable	observable	ADJ
fsr-3148	186	9	market	market	NOUN
fsr-3148	186	10	variables	variable	NOUN
fsr-3148	186	11	,	,	PUNCT
fsr-3148	186	12	we	we	PRON
fsr-3148	186	13	obtain	obtain	VERB
fsr-3148	186	14	a	a	DET
fsr-3148	186	15	valuation	valuation	NOUN
fsr-3148	186	16	of	of	ADP
fsr-3148	186	17	229	229	NUM
fsr-3148	186	18	g.	g.	PROPN
fsr-3148	186	19	deng	deng	PROPN
fsr-3148	186	20	et	et	PROPN
fsr-3148	186	21	al	al	PROPN
fsr-3148	186	22	.	.	PUNCT
fsr-3148	186	23	/	/	SYM
fsr-3148	186	24	financial	financial	ADJ
fsr-3148	186	25	services	service	NOUN
fsr-3148	186	26	review	review	VERB
fsr-3148	186	27	23	23	NUM
fsr-3148	186	28	(	(	PUNCT
fsr-3148	186	29	2014	2014	NUM
fsr-3148	186	30	)	)	PUNCT
fsr-3148	187	1	219–237	219–237	NUM
fsr-3148	187	2	$	$	SYM
fsr-3148	187	3	938.67	938.67	NUM
fsr-3148	187	4	per	per	ADP
fsr-3148	187	5	$	$	SYM
fsr-3148	187	6	1,000	1,000	NUM
fsr-3148	187	7	investment	investment	NOUN
fsr-3148	187	8	in	in	ADP
fsr-3148	187	9	the	the	DET
fsr-3148	187	10	citibank	citibank	PROPN
fsr-3148	187	11	structured	structured	PROPN
fsr-3148	187	12	cd	cd	PROPN
fsr-3148	187	13	.	.	PUNCT
fsr-3148	188	1	we	we	PRON
fsr-3148	188	2	find	find	VERB
fsr-3148	188	3	that	that	SCONJ
fsr-3148	188	4	the	the	DET
fsr-3148	188	5	structured	structured	ADJ
fsr-3148	188	6	cd	cd	NOUN
fsr-3148	188	7	was	be	AUX
fsr-3148	188	8	worth	worth	ADJ
fsr-3148	188	9	roughly	roughly	ADV
fsr-3148	188	10	95	95	NUM
fsr-3148	188	11	%	%	NOUN
fsr-3148	188	12	of	of	ADP
fsr-3148	188	13	the	the	DET
fsr-3148	188	14	value	value	NOUN
fsr-3148	188	15	of	of	ADP
fsr-3148	188	16	a	a	DET
fsr-3148	188	17	contemporaneously	contemporaneously	ADV
fsr-3148	188	18	issued	issue	VERB
fsr-3148	188	19	traditional	traditional	ADJ
fsr-3148	188	20	cd	cd	NOUN
fsr-3148	188	21	at	at	ADP
fsr-3148	188	22	the	the	DET
fsr-3148	188	23	national	national	ADJ
fsr-3148	188	24	average	average	ADJ
fsr-3148	188	25	rate.28	rate.28	NOUN
fsr-3148	188	26	we	we	PRON
fsr-3148	188	27	find	find	VERB
fsr-3148	188	28	that	that	SCONJ
fsr-3148	188	29	as	as	ADP
fsr-3148	188	30	of	of	ADP
fsr-3148	188	31	the	the	DET
fsr-3148	188	32	issue	issue	NOUN
fsr-3148	188	33	date	date	NOUN
fsr-3148	188	34	there	there	PRON
fsr-3148	188	35	was	be	VERB
fsr-3148	188	36	a	a	DET
fsr-3148	188	37	58	58	NUM
fsr-3148	188	38	%	%	NOUN
fsr-3148	188	39	chance	chance	NOUN
fsr-3148	188	40	that	that	SCONJ
fsr-3148	188	41	the	the	DET
fsr-3148	188	42	citibank	citibank	PROPN
fsr-3148	188	43	cd	cd	PROPN
fsr-3148	188	44	would	would	AUX
fsr-3148	188	45	return	return	VERB
fsr-3148	188	46	no	no	DET
fsr-3148	188	47	additional	additional	ADJ
fsr-3148	188	48	payment	payment	NOUN
fsr-3148	188	49	beyond	beyond	ADP
fsr-3148	188	50	return	return	NOUN
fsr-3148	188	51	of	of	ADP
fsr-3148	188	52	principal	principal	ADJ
fsr-3148	188	53	investment	investment	NOUN
fsr-3148	188	54	and	and	CCONJ
fsr-3148	188	55	a	a	DET
fsr-3148	188	56	20	20	NUM
fsr-3148	188	57	%	%	NOUN
fsr-3148	188	58	chance	chance	NOUN
fsr-3148	188	59	that	that	SCONJ
fsr-3148	188	60	the	the	DET
fsr-3148	188	61	maximum	maximum	ADJ
fsr-3148	188	62	return	return	NOUN
fsr-3148	188	63	would	would	AUX
fsr-3148	188	64	be	be	AUX
fsr-3148	188	65	paid	pay	VERB
fsr-3148	188	66	to	to	ADP
fsr-3148	188	67	the	the	DET
fsr-3148	188	68	investor	investor	NOUN
fsr-3148	188	69	.	.	PUNCT
fsr-3148	189	1	to	to	PART
fsr-3148	189	2	provide	provide	VERB
fsr-3148	189	3	intuition	intuition	NOUN
fsr-3148	189	4	for	for	ADP
fsr-3148	189	5	the	the	DET
fsr-3148	189	6	sensitivity	sensitivity	NOUN
fsr-3148	189	7	of	of	ADP
fsr-3148	189	8	the	the	DET
fsr-3148	189	9	structured	structured	ADJ
fsr-3148	189	10	cds	cd	NOUN
fsr-3148	189	11	value	value	NOUN
fsr-3148	189	12	to	to	ADP
fsr-3148	189	13	the	the	DET
fsr-3148	189	14	issuer	issuer	NOUN
fsr-3148	189	15	’s	’s	PART
fsr-3148	189	16	discretionary	discretionary	ADJ
fsr-3148	189	17	parameters	parameter	NOUN
fsr-3148	189	18	,	,	PUNCT
fsr-3148	189	19	we	we	PRON
fsr-3148	189	20	show	show	VERB
fsr-3148	189	21	in	in	ADP
fsr-3148	189	22	fig	fig	NOUN
fsr-3148	189	23	.	.	PUNCT
fsr-3148	190	1	4	4	NUM
fsr-3148	190	2	the	the	DET
fsr-3148	190	3	likelihood	likelihood	NOUN
fsr-3148	190	4	that	that	SCONJ
fsr-3148	190	5	an	an	DET
fsr-3148	190	6	investor	investor	NOUN
fsr-3148	190	7	would	would	AUX
fsr-3148	190	8	realize	realize	VERB
fsr-3148	190	9	the	the	DET
fsr-3148	190	10	maximum	maximum	ADJ
fsr-3148	190	11	return	return	NOUN
fsr-3148	190	12	and	and	CCONJ
fsr-3148	190	13	minimum	minimum	NOUN
fsr-3148	190	14	return	return	NOUN
fsr-3148	190	15	as	as	ADP
fsr-3148	190	16	a	a	DET
fsr-3148	190	17	function	function	NOUN
fsr-3148	190	18	of	of	ADP
fsr-3148	190	19	the	the	DET
fsr-3148	190	20	minimum	minimum	ADJ
fsr-3148	190	21	return	return	NOUN
fsr-3148	190	22	.	.	PUNCT
fsr-3148	191	1	there	there	PRON
fsr-3148	191	2	is	be	VERB
fsr-3148	191	3	a	a	DET
fsr-3148	191	4	very	very	ADV
fsr-3148	191	5	high	high	ADJ
fsr-3148	191	6	probability	probability	NOUN
fsr-3148	191	7	of	of	ADP
fsr-3148	191	8	obtaining	obtain	VERB
fsr-3148	191	9	the	the	DET
fsr-3148	191	10	minimum	minimum	ADJ
fsr-3148	191	11	return	return	NOUN
fsr-3148	191	12	when	when	SCONJ
fsr-3148	191	13	holding	hold	VERB
fsr-3148	191	14	the	the	DET
fsr-3148	191	15	cd	cd	PROPN
fsr-3148	191	16	to	to	ADP
fsr-3148	191	17	maturity	maturity	NOUN
fsr-3148	191	18	.	.	PUNCT
fsr-3148	192	1	there	there	PRON
fsr-3148	192	2	is	be	VERB
fsr-3148	192	3	only	only	ADV
fsr-3148	192	4	a	a	DET
fsr-3148	192	5	small	small	ADJ
fsr-3148	192	6	probability	probability	NOUN
fsr-3148	192	7	of	of	ADP
fsr-3148	192	8	returns	return	NOUN
fsr-3148	192	9	that	that	PRON
fsr-3148	192	10	would	would	AUX
fsr-3148	192	11	lead	lead	VERB
fsr-3148	192	12	to	to	ADP
fsr-3148	192	13	direct	direct	ADJ
fsr-3148	192	14	market	market	NOUN
fsr-3148	192	15	exposure	exposure	NOUN
fsr-3148	192	16	(	(	PUNCT
fsr-3148	192	17	i.e.	i.e.	X
fsr-3148	192	18	,	,	PUNCT
fsr-3148	192	19	neither	neither	CCONJ
fsr-3148	192	20	capped	capped	ADJ
fsr-3148	192	21	nor	nor	CCONJ
fsr-3148	192	22	floored	floored	ADJ
fsr-3148	192	23	)	)	PUNCT
fsr-3148	192	24	,	,	PUNCT
fsr-3148	192	25	even	even	ADV
fsr-3148	192	26	for	for	ADP
fsr-3148	192	27	a	a	DET
fsr-3148	192	28	minimum	minimum	ADJ
fsr-3148	192	29	return	return	NOUN
fsr-3148	192	30	of	of	ADP
fsr-3148	192	31	zero	zero	NUM
fsr-3148	192	32	.	.	PUNCT
fsr-3148	193	1	4.5	4.5	NUM
fsr-3148	193	2	.	.	PUNCT
fsr-3148	194	1	mortality	mortality	NOUN
fsr-3148	194	2	risk	risk	NOUN
fsr-3148	194	3	and	and	CCONJ
fsr-3148	194	4	structured	structure	VERB
fsr-3148	194	5	cds	cd	NOUN
fsr-3148	194	6	structured	structure	VERB
fsr-3148	194	7	cds	cd	NOUN
fsr-3148	194	8	,	,	PUNCT
fsr-3148	194	9	like	like	ADP
fsr-3148	194	10	traditional	traditional	ADJ
fsr-3148	194	11	cds	cd	NOUN
fsr-3148	194	12	,	,	PUNCT
fsr-3148	194	13	have	have	AUX
fsr-3148	194	14	defined	define	VERB
fsr-3148	194	15	payouts	payout	NOUN
fsr-3148	194	16	if	if	SCONJ
fsr-3148	194	17	the	the	DET
fsr-3148	194	18	owner	owner	NOUN
fsr-3148	194	19	of	of	ADP
fsr-3148	194	20	the	the	DET
fsr-3148	194	21	cd	cd	PROPN
fsr-3148	194	22	dies	die	VERB
fsr-3148	194	23	before	before	ADP
fsr-3148	194	24	maturity	maturity	NOUN
fsr-3148	194	25	,	,	PUNCT
fsr-3148	194	26	which	which	PRON
fsr-3148	194	27	may	may	AUX
fsr-3148	194	28	differ	differ	VERB
fsr-3148	194	29	from	from	ADP
fsr-3148	194	30	the	the	DET
fsr-3148	194	31	current	current	ADJ
fsr-3148	194	32	market	market	NOUN
fsr-3148	194	33	value	value	NOUN
fsr-3148	194	34	of	of	ADP
fsr-3148	194	35	the	the	DET
fsr-3148	194	36	cd	cd	PROPN
fsr-3148	194	37	.	.	PUNCT
fsr-3148	195	1	the	the	DET
fsr-3148	195	2	products	product	NOUN
fsr-3148	195	3	in	in	ADP
fsr-3148	195	4	our	our	PRON
fsr-3148	195	5	sample	sample	NOUN
fsr-3148	195	6	simply	simply	ADV
fsr-3148	195	7	pay	pay	VERB
fsr-3148	195	8	the	the	DET
fsr-3148	195	9	original	original	ADJ
fsr-3148	195	10	principal	principal	ADJ
fsr-3148	195	11	amount	amount	NOUN
fsr-3148	195	12	to	to	ADP
fsr-3148	195	13	the	the	DET
fsr-3148	195	14	investor	investor	NOUN
fsr-3148	195	15	’s	’s	PART
fsr-3148	195	16	beneficiary	beneficiary	NOUN
fsr-3148	195	17	;	;	PUNCT
fsr-3148	195	18	essentially	essentially	ADV
fsr-3148	195	19	,	,	PUNCT
fsr-3148	195	20	the	the	DET
fsr-3148	195	21	issuer	issuer	NOUN
fsr-3148	195	22	has	have	AUX
fsr-3148	195	23	sold	sell	VERB
fsr-3148	195	24	a	a	DET
fsr-3148	195	25	binary	binary	ADJ
fsr-3148	195	26	put	put	NOUN
fsr-3148	195	27	option	option	NOUN
fsr-3148	195	28	to	to	PART
fsr-3148	195	29	“	"	PUNCT
fsr-3148	195	30	buy	buy	VERB
fsr-3148	195	31	back	back	ADV
fsr-3148	195	32	”	"	PUNCT
fsr-3148	195	33	the	the	DET
fsr-3148	195	34	cd	cd	PROPN
fsr-3148	195	35	at	at	ADP
fsr-3148	195	36	par	par	NOUN
fsr-3148	195	37	upon	upon	SCONJ
fsr-3148	195	38	the	the	DET
fsr-3148	195	39	investor	investor	NOUN
fsr-3148	195	40	’s	’s	PART
fsr-3148	195	41	death	death	NOUN
fsr-3148	195	42	,	,	PUNCT
fsr-3148	195	43	known	know	VERB
fsr-3148	195	44	in	in	ADP
fsr-3148	195	45	the	the	DET
fsr-3148	195	46	literature	literature	NOUN
fsr-3148	195	47	as	as	ADP
fsr-3148	195	48	the	the	DET
fsr-3148	195	49	“	"	PUNCT
fsr-3148	195	50	death	death	NOUN
fsr-3148	195	51	put	put	NOUN
fsr-3148	195	52	.	.	PUNCT
fsr-3148	195	53	”	"	PUNCT
fsr-3148	196	1	a	a	DET
fsr-3148	196	2	return	return	NOUN
fsr-3148	196	3	of	of	ADP
fsr-3148	196	4	principal	principal	ADJ
fsr-3148	196	5	years	year	NOUN
fsr-3148	196	6	after	after	SCONJ
fsr-3148	196	7	the	the	DET
fsr-3148	196	8	investor	investor	NOUN
fsr-3148	196	9	makes	make	VERB
fsr-3148	196	10	the	the	DET
fsr-3148	196	11	cd	cd	PROPN
fsr-3148	196	12	will	will	AUX
fsr-3148	196	13	be	be	AUX
fsr-3148	196	14	worth	worth	ADJ
fsr-3148	196	15	less	less	ADJ
fsr-3148	196	16	than	than	ADP
fsr-3148	196	17	the	the	DET
fsr-3148	196	18	initial	initial	ADJ
fsr-3148	196	19	principal	principal	ADJ
fsr-3148	196	20	amount	amount	NOUN
fsr-3148	196	21	because	because	SCONJ
fsr-3148	196	22	of	of	ADP
fsr-3148	196	23	the	the	DET
fsr-3148	196	24	time	time	NOUN
fsr-3148	196	25	value	value	NOUN
fsr-3148	196	26	of	of	ADP
fsr-3148	196	27	money	money	NOUN
fsr-3148	196	28	.	.	PUNCT
fsr-3148	197	1	therefore	therefore	ADV
fsr-3148	197	2	,	,	PUNCT
fsr-3148	197	3	the	the	DET
fsr-3148	197	4	death	death	NOUN
fsr-3148	197	5	put	put	NOUN
fsr-3148	197	6	can	can	AUX
fsr-3148	197	7	be	be	AUX
fsr-3148	197	8	of	of	ADP
fsr-3148	197	9	negative	negative	ADJ
fsr-3148	197	10	value	value	NOUN
fsr-3148	197	11	to	to	ADP
fsr-3148	197	12	the	the	DET
fsr-3148	197	13	investor	investor	NOUN
fsr-3148	197	14	.	.	PUNCT
fsr-3148	198	1	however	however	ADV
fsr-3148	198	2	,	,	PUNCT
fsr-3148	198	3	the	the	DET
fsr-3148	198	4	effect	effect	NOUN
fsr-3148	198	5	of	of	ADP
fsr-3148	198	6	the	the	DET
fsr-3148	198	7	death	death	NOUN
fsr-3148	198	8	put	put	NOUN
fsr-3148	198	9	may	may	AUX
fsr-3148	198	10	differ	differ	VERB
fsr-3148	198	11	between	between	ADP
fsr-3148	198	12	types	type	NOUN
fsr-3148	198	13	of	of	ADP
fsr-3148	198	14	structured	structured	ADJ
fsr-3148	198	15	cds	cd	NOUN
fsr-3148	198	16	.	.	PUNCT
fsr-3148	199	1	fig	fig	NOUN
fsr-3148	199	2	.	.	PUNCT
fsr-3148	200	1	4	4	X
fsr-3148	200	2	.	.	X
fsr-3148	200	3	probability	probability	NOUN
fsr-3148	200	4	of	of	ADP
fsr-3148	200	5	realizing	realize	VERB
fsr-3148	200	6	the	the	DET
fsr-3148	200	7	minimum	minimum	ADJ
fsr-3148	200	8	return	return	NOUN
fsr-3148	200	9	and	and	CCONJ
fsr-3148	200	10	maximum	maximum	ADJ
fsr-3148	200	11	return	return	NOUN
fsr-3148	200	12	as	as	ADP
fsr-3148	200	13	a	a	DET
fsr-3148	200	14	function	function	NOUN
fsr-3148	200	15	of	of	ADP
fsr-3148	200	16	the	the	DET
fsr-3148	200	17	return	return	NOUN
fsr-3148	200	18	floor	floor	NOUN
fsr-3148	200	19	(	(	PUNCT
fsr-3148	200	20	cusip	cusip	NOUN
fsr-3148	200	21	:	:	PUNCT
fsr-3148	200	22	172986bf7	172986bf7	NUM
fsr-3148	200	23	)	)	PUNCT
fsr-3148	200	24	.	.	PUNCT
fsr-3148	201	1	230	230	NUM
fsr-3148	201	2	g.	g.	PROPN
fsr-3148	201	3	deng	deng	PROPN
fsr-3148	201	4	et	et	PROPN
fsr-3148	201	5	al	al	PROPN
fsr-3148	201	6	.	.	PUNCT
fsr-3148	201	7	/	/	SYM
fsr-3148	201	8	financial	financial	ADJ
fsr-3148	201	9	services	service	NOUN
fsr-3148	201	10	review	review	VERB
fsr-3148	201	11	23	23	NUM
fsr-3148	201	12	(	(	PUNCT
fsr-3148	201	13	2014	2014	NUM
fsr-3148	201	14	)	)	PUNCT
fsr-3148	202	1	219–237	219–237	NUM
fsr-3148	202	2	we	we	PRON
fsr-3148	202	3	have	have	AUX
fsr-3148	202	4	modeled	model	VERB
fsr-3148	202	5	the	the	DET
fsr-3148	202	6	death	death	NOUN
fsr-3148	202	7	put	put	VERB
fsr-3148	202	8	for	for	ADP
fsr-3148	202	9	each	each	PRON
fsr-3148	202	10	of	of	ADP
fsr-3148	202	11	our	our	PRON
fsr-3148	202	12	product	product	NOUN
fsr-3148	202	13	types	type	NOUN
fsr-3148	202	14	using	use	VERB
fsr-3148	202	15	the	the	DET
fsr-3148	202	16	unisex	unisex	NOUN
fsr-3148	202	17	annuity	annuity	NOUN
fsr-3148	202	18	2000	2000	NUM
fsr-3148	202	19	mortality	mortality	NOUN
fsr-3148	202	20	table	table	NOUN
fsr-3148	202	21	from	from	ADP
fsr-3148	202	22	the	the	DET
fsr-3148	202	23	transactions	transaction	NOUN
fsr-3148	202	24	of	of	ADP
fsr-3148	202	25	the	the	DET
fsr-3148	202	26	society	society	NOUN
fsr-3148	202	27	of	of	ADP
fsr-3148	202	28	actuaries	actuary	NOUN
fsr-3148	202	29	.	.	PUNCT
fsr-3148	203	1	in	in	ADP
fsr-3148	203	2	our	our	PRON
fsr-3148	203	3	monte	monte	PROPN
fsr-3148	203	4	carlo	carlo	NOUN
fsr-3148	203	5	simulations	simulation	NOUN
fsr-3148	203	6	,	,	PUNCT
fsr-3148	203	7	for	for	ADP
fsr-3148	203	8	each	each	DET
fsr-3148	203	9	year	year	NOUN
fsr-3148	203	10	of	of	ADP
fsr-3148	203	11	the	the	DET
fsr-3148	203	12	product	product	NOUN
fsr-3148	203	13	’s	’s	PART
fsr-3148	203	14	term	term	NOUN
fsr-3148	203	15	we	we	PRON
fsr-3148	203	16	randomly	randomly	ADV
fsr-3148	203	17	select	select	VERB
fsr-3148	203	18	a	a	DET
fsr-3148	203	19	number	number	NOUN
fsr-3148	203	20	of	of	ADP
fsr-3148	203	21	simulated	simulated	ADJ
fsr-3148	203	22	paths	path	NOUN
fsr-3148	203	23	to	to	ADP
fsr-3148	203	24	credit	credit	NOUN
fsr-3148	203	25	with	with	ADP
fsr-3148	203	26	the	the	DET
fsr-3148	203	27	death	death	NOUN
fsr-3148	203	28	put	put	VERB
fsr-3148	203	29	payment	payment	NOUN
fsr-3148	203	30	based	base	VERB
fsr-3148	203	31	on	on	ADP
fsr-3148	203	32	the	the	DET
fsr-3148	203	33	conditional	conditional	ADJ
fsr-3148	203	34	death	death	NOUN
fsr-3148	203	35	probabilities	probability	NOUN
fsr-3148	203	36	for	for	ADP
fsr-3148	203	37	an	an	DET
fsr-3148	203	38	investor	investor	NOUN
fsr-3148	203	39	of	of	ADP
fsr-3148	203	40	an	an	DET
fsr-3148	203	41	assumed	assume	VERB
fsr-3148	203	42	age	age	NOUN
fsr-3148	203	43	at	at	ADP
fsr-3148	203	44	purchase	purchase	NOUN
fsr-3148	203	45	.	.	PUNCT
fsr-3148	204	1	we	we	PRON
fsr-3148	204	2	then	then	ADV
fsr-3148	204	3	rerun	rerun	VERB
fsr-3148	204	4	our	our	PRON
fsr-3148	204	5	simulations	simulation	NOUN
fsr-3148	204	6	for	for	ADP
fsr-3148	204	7	ages	age	NOUN
fsr-3148	204	8	between	between	ADP
fsr-3148	204	9	25	25	NUM
fsr-3148	204	10	and	and	CCONJ
fsr-3148	204	11	85	85	NUM
fsr-3148	204	12	.	.	PUNCT
fsr-3148	204	13	fig	fig	NOUN
fsr-3148	204	14	.	.	PUNCT
fsr-3148	205	1	5	5	NUM
fsr-3148	205	2	shows	show	VERB
fsr-3148	205	3	the	the	DET
fsr-3148	205	4	average	average	ADJ
fsr-3148	205	5	value	value	NOUN
fsr-3148	205	6	of	of	ADP
fsr-3148	205	7	each	each	PRON
fsr-3148	205	8	of	of	ADP
fsr-3148	205	9	the	the	DET
fsr-3148	205	10	four	four	NUM
fsr-3148	205	11	types	type	NOUN
fsr-3148	205	12	of	of	ADP
fsr-3148	205	13	structured	structured	ADJ
fsr-3148	205	14	cds	cd	NOUN
fsr-3148	205	15	described	describe	VERB
fsr-3148	205	16	above	above	ADV
fsr-3148	205	17	for	for	ADP
fsr-3148	205	18	investors	investor	NOUN
fsr-3148	205	19	of	of	ADP
fsr-3148	205	20	varying	vary	VERB
fsr-3148	205	21	ages	age	NOUN
fsr-3148	205	22	.	.	PUNCT
fsr-3148	206	1	to	to	PART
fsr-3148	206	2	clarify	clarify	VERB
fsr-3148	206	3	fig	fig	NOUN
fsr-3148	206	4	.	.	PUNCT
fsr-3148	207	1	5	5	NUM
fsr-3148	207	2	,	,	PUNCT
fsr-3148	207	3	an	an	DET
fsr-3148	207	4	average	average	ADJ
fsr-3148	207	5	single	single	ADJ
fsr-3148	207	6	-	-	PUNCT
fsr-3148	207	7	observation	observation	NOUN
fsr-3148	207	8	structured	structure	VERB
fsr-3148	207	9	cd	cd	NOUN
fsr-3148	207	10	is	be	AUX
fsr-3148	207	11	worth	worth	ADJ
fsr-3148	207	12	approximately	approximately	ADV
fsr-3148	207	13	$	$	SYM
fsr-3148	207	14	96.55	96.55	NUM
fsr-3148	207	15	to	to	ADP
fsr-3148	207	16	a	a	DET
fsr-3148	207	17	25	25	NUM
fsr-3148	207	18	year	year	NOUN
fsr-3148	207	19	old	old	ADJ
fsr-3148	207	20	investor	investor	NOUN
fsr-3148	207	21	.	.	PUNCT
fsr-3148	208	1	to	to	ADP
fsr-3148	208	2	an	an	DET
fsr-3148	208	3	85	85	NUM
fsr-3148	208	4	year	year	NOUN
fsr-3148	208	5	old	old	ADJ
fsr-3148	208	6	investor	investor	NOUN
fsr-3148	208	7	,	,	PUNCT
fsr-3148	208	8	the	the	DET
fsr-3148	208	9	average	average	ADJ
fsr-3148	208	10	single	single	ADJ
fsr-3148	208	11	-	-	PUNCT
fsr-3148	208	12	observation	observation	NOUN
fsr-3148	208	13	structured	structure	VERB
fsr-3148	208	14	cd	cd	NOUN
fsr-3148	208	15	is	be	AUX
fsr-3148	208	16	worth	worth	ADJ
fsr-3148	208	17	approximately	approximately	ADV
fsr-3148	208	18	$	$	SYM
fsr-3148	208	19	95.47	95.47	NUM
fsr-3148	208	20	,	,	PUNCT
fsr-3148	208	21	�	�	PROPN
fsr-3148	208	22	110	110	NUM
fsr-3148	208	23	basis	basis	NOUN
fsr-3148	208	24	points	point	NOUN
fsr-3148	208	25	less	less	ADV
fsr-3148	208	26	.	.	PUNCT
fsr-3148	209	1	therefore	therefore	ADV
fsr-3148	209	2	,	,	PUNCT
fsr-3148	209	3	the	the	DET
fsr-3148	209	4	curve	curve	NOUN
fsr-3148	209	5	for	for	ADP
fsr-3148	209	6	the	the	DET
fsr-3148	209	7	single	single	ADJ
fsr-3148	209	8	-	-	PUNCT
fsr-3148	209	9	observation	observation	NOUN
fsr-3148	209	10	structured	structure	VERB
fsr-3148	209	11	cd	cd	NOUN
fsr-3148	209	12	in	in	ADP
fsr-3148	209	13	fig	fig	NOUN
fsr-3148	209	14	.	.	PUNCT
fsr-3148	210	1	5	5	NUM
fsr-3148	210	2	slopes	slope	NOUN
fsr-3148	210	3	downward	downward	ADV
fsr-3148	210	4	from	from	ADP
fsr-3148	210	5	the	the	DET
fsr-3148	210	6	100	100	NUM
fsr-3148	210	7	%	%	NOUN
fsr-3148	210	8	value	value	NOUN
fsr-3148	210	9	to	to	ADP
fsr-3148	210	10	the	the	DET
fsr-3148	210	11	terminal	terminal	ADJ
fsr-3148	210	12	value	value	NOUN
fsr-3148	210	13	of	of	ADP
fsr-3148	210	14	98.9	98.9	NUM
fsr-3148	210	15	%	%	NOUN
fsr-3148	210	16	.	.	PUNCT
fsr-3148	211	1	for	for	ADP
fsr-3148	211	2	the	the	DET
fsr-3148	211	3	single	single	ADJ
fsr-3148	211	4	-	-	PUNCT
fsr-3148	211	5	observation	observation	NOUN
fsr-3148	211	6	structured	structure	VERB
fsr-3148	211	7	cds	cd	NOUN
fsr-3148	211	8	,	,	PUNCT
fsr-3148	211	9	the	the	DET
fsr-3148	211	10	value	value	NOUN
fsr-3148	211	11	decreases	decrease	VERB
fsr-3148	211	12	as	as	ADP
fsr-3148	211	13	a	a	DET
fsr-3148	211	14	function	function	NOUN
fsr-3148	211	15	of	of	ADP
fsr-3148	211	16	age	age	NOUN
fsr-3148	211	17	because	because	SCONJ
fsr-3148	211	18	the	the	DET
fsr-3148	211	19	payout	payout	NOUN
fsr-3148	211	20	at	at	ADP
fsr-3148	211	21	death	death	NOUN
fsr-3148	211	22	is	be	AUX
fsr-3148	211	23	worth	worth	ADJ
fsr-3148	211	24	less	less	ADJ
fsr-3148	211	25	than	than	ADP
fsr-3148	211	26	the	the	DET
fsr-3148	211	27	crediting	crediting	NOUN
fsr-3148	211	28	procedure	procedure	NOUN
fsr-3148	211	29	would	would	AUX
fsr-3148	211	30	otherwise	otherwise	ADV
fsr-3148	211	31	return	return	VERB
fsr-3148	211	32	.	.	PUNCT
fsr-3148	212	1	however	however	ADV
fsr-3148	212	2	,	,	PUNCT
fsr-3148	212	3	for	for	ADP
fsr-3148	212	4	the	the	DET
fsr-3148	212	5	ratchet	ratchet	NOUN
fsr-3148	212	6	,	,	PUNCT
fsr-3148	212	7	average	average	ADJ
fsr-3148	212	8	and	and	CCONJ
fsr-3148	212	9	contingent	contingent	ADJ
fsr-3148	212	10	coupon	coupon	NOUN
fsr-3148	212	11	types	type	NOUN
fsr-3148	212	12	,	,	PUNCT
fsr-3148	212	13	the	the	DET
fsr-3148	212	14	value	value	NOUN
fsr-3148	212	15	actually	actually	ADV
fsr-3148	212	16	increases	increase	VERB
fsr-3148	212	17	with	with	ADP
fsr-3148	212	18	age	age	NOUN
fsr-3148	212	19	.	.	PUNCT
fsr-3148	213	1	effectively	effectively	ADV
fsr-3148	213	2	,	,	PUNCT
fsr-3148	213	3	crediting	credit	VERB
fsr-3148	213	4	formulas	formula	NOUN
fsr-3148	213	5	in	in	ADP
fsr-3148	213	6	these	these	DET
fsr-3148	213	7	products	product	NOUN
fsr-3148	213	8	reduce	reduce	VERB
fsr-3148	213	9	investors	investor	NOUN
fsr-3148	213	10	’	'	PUNCT
fsr-3148	213	11	value	value	NOUN
fsr-3148	213	12	more	more	ADV
fsr-3148	213	13	strongly	strongly	ADV
fsr-3148	213	14	than	than	ADP
fsr-3148	213	15	the	the	DET
fsr-3148	213	16	time	time	NOUN
fsr-3148	213	17	value	value	NOUN
fsr-3148	213	18	of	of	ADP
fsr-3148	213	19	money	money	NOUN
fsr-3148	213	20	up	up	ADP
fsr-3148	213	21	to	to	ADP
fsr-3148	213	22	death	death	NOUN
fsr-3148	213	23	.	.	PUNCT
fsr-3148	214	1	therefore	therefore	ADV
fsr-3148	214	2	,	,	PUNCT
fsr-3148	214	3	a	a	DET
fsr-3148	214	4	return	return	NOUN
fsr-3148	214	5	of	of	ADP
fsr-3148	214	6	principal	principal	NOUN
fsr-3148	214	7	before	before	ADP
fsr-3148	214	8	maturity	maturity	NOUN
fsr-3148	214	9	would	would	AUX
fsr-3148	214	10	be	be	AUX
fsr-3148	214	11	a	a	DET
fsr-3148	214	12	more	more	ADV
fsr-3148	214	13	favorable	favorable	ADJ
fsr-3148	214	14	outcome	outcome	NOUN
fsr-3148	214	15	from	from	ADP
fsr-3148	214	16	the	the	DET
fsr-3148	214	17	investor	investor	NOUN
fsr-3148	214	18	’s	’s	PART
fsr-3148	214	19	point	point	NOUN
fsr-3148	214	20	of	of	ADP
fsr-3148	214	21	view	view	NOUN
fsr-3148	214	22	.	.	PUNCT
fsr-3148	215	1	for	for	ADP
fsr-3148	215	2	all	all	DET
fsr-3148	215	3	product	product	NOUN
fsr-3148	215	4	types	type	NOUN
fsr-3148	215	5	,	,	PUNCT
fsr-3148	215	6	however	however	ADV
fsr-3148	215	7	,	,	PUNCT
fsr-3148	215	8	the	the	DET
fsr-3148	215	9	size	size	NOUN
fsr-3148	215	10	of	of	ADP
fsr-3148	215	11	the	the	DET
fsr-3148	215	12	effect	effect	NOUN
fsr-3148	215	13	is	be	AUX
fsr-3148	215	14	small.29	small.29	NOUN
fsr-3148	215	15	our	our	PRON
fsr-3148	215	16	results	result	NOUN
fsr-3148	215	17	suggest	suggest	VERB
fsr-3148	215	18	that	that	SCONJ
fsr-3148	215	19	the	the	DET
fsr-3148	215	20	death	death	NOUN
fsr-3148	215	21	benefit	benefit	NOUN
fsr-3148	215	22	is	be	AUX
fsr-3148	215	23	of	of	ADP
fsr-3148	215	24	little	little	ADJ
fsr-3148	215	25	value	value	NOUN
fsr-3148	215	26	to	to	ADP
fsr-3148	215	27	investors	investor	NOUN
fsr-3148	215	28	,	,	PUNCT
fsr-3148	215	29	and	and	CCONJ
fsr-3148	215	30	can	can	AUX
fsr-3148	215	31	be	be	AUX
fsr-3148	215	32	either	either	CCONJ
fsr-3148	215	33	positive	positive	ADJ
fsr-3148	215	34	or	or	CCONJ
fsr-3148	215	35	negative	negative	ADJ
fsr-3148	215	36	depending	depend	VERB
fsr-3148	215	37	on	on	ADP
fsr-3148	215	38	product	product	NOUN
fsr-3148	215	39	type	type	NOUN
fsr-3148	215	40	.	.	PUNCT
fsr-3148	216	1	fig	fig	NOUN
fsr-3148	216	2	.	.	PUNCT
fsr-3148	217	1	5	5	X
fsr-3148	217	2	.	.	X
fsr-3148	217	3	average	average	ADJ
fsr-3148	217	4	structured	structured	ADJ
fsr-3148	217	5	cd	cd	NOUN
fsr-3148	217	6	value	value	NOUN
fsr-3148	217	7	normalized	normalize	VERB
fsr-3148	217	8	by	by	ADP
fsr-3148	217	9	the	the	DET
fsr-3148	217	10	average	average	ADJ
fsr-3148	217	11	value	value	NOUN
fsr-3148	217	12	of	of	ADP
fsr-3148	217	13	the	the	DET
fsr-3148	217	14	structured	structured	ADJ
fsr-3148	217	15	cd	cd	NOUN
fsr-3148	217	16	to	to	ADP
fsr-3148	217	17	a	a	DET
fsr-3148	217	18	25	25	NUM
fsr-3148	217	19	year	year	NOUN
fsr-3148	217	20	old	old	ADJ
fsr-3148	217	21	investor	investor	NOUN
fsr-3148	217	22	.	.	PUNCT
fsr-3148	218	1	231	231	NUM
fsr-3148	218	2	g.	g.	PROPN
fsr-3148	218	3	deng	deng	PROPN
fsr-3148	218	4	et	et	PROPN
fsr-3148	218	5	al	al	PROPN
fsr-3148	218	6	.	.	PUNCT
fsr-3148	218	7	/	/	SYM
fsr-3148	218	8	financial	financial	ADJ
fsr-3148	218	9	services	service	NOUN
fsr-3148	218	10	review	review	VERB
fsr-3148	218	11	23	23	NUM
fsr-3148	218	12	(	(	PUNCT
fsr-3148	218	13	2014	2014	NUM
fsr-3148	218	14	)	)	PUNCT
fsr-3148	219	1	219–237	219–237	NUM
fsr-3148	219	2	4.6	4.6	NUM
fsr-3148	219	3	.	.	PUNCT
fsr-3148	220	1	summary	summary	NOUN
fsr-3148	220	2	of	of	ADP
fsr-3148	220	3	valuation	valuation	NOUN
fsr-3148	220	4	results	result	NOUN
fsr-3148	220	5	we	we	PRON
fsr-3148	220	6	have	have	AUX
fsr-3148	220	7	valued	value	VERB
fsr-3148	220	8	a	a	DET
fsr-3148	220	9	total	total	NOUN
fsr-3148	220	10	of	of	ADP
fsr-3148	220	11	303	303	NUM
fsr-3148	220	12	structured	structured	ADJ
fsr-3148	220	13	cds	cd	NOUN
fsr-3148	220	14	with	with	ADP
fsr-3148	220	15	aggregate	aggregate	ADJ
fsr-3148	220	16	face	face	NOUN
fsr-3148	220	17	value	value	NOUN
fsr-3148	220	18	of	of	ADP
fsr-3148	220	19	$	$	SYM
fsr-3148	220	20	1.8	1.8	NUM
fsr-3148	220	21	billion	billion	NUM
fsr-3148	220	22	.	.	PUNCT
fsr-3148	221	1	this	this	DET
fsr-3148	221	2	valuation	valuation	NOUN
fsr-3148	221	3	sample	sample	NOUN
fsr-3148	221	4	accounts	account	VERB
fsr-3148	221	5	for	for	ADP
fsr-3148	221	6	roughly	roughly	ADV
fsr-3148	221	7	15	15	NUM
fsr-3148	221	8	%	%	NOUN
fsr-3148	221	9	of	of	ADP
fsr-3148	221	10	the	the	DET
fsr-3148	221	11	structured	structured	ADJ
fsr-3148	221	12	cds	cd	NOUN
fsr-3148	221	13	in	in	ADP
fsr-3148	221	14	our	our	PRON
fsr-3148	221	15	sample	sample	NOUN
fsr-3148	221	16	(	(	PUNCT
fsr-3148	221	17	12	12	NUM
fsr-3148	221	18	%	%	NOUN
fsr-3148	221	19	by	by	ADP
fsr-3148	221	20	aggregate	aggregate	ADJ
fsr-3148	221	21	face	face	NOUN
fsr-3148	221	22	value	value	NOUN
fsr-3148	221	23	)	)	PUNCT
fsr-3148	221	24	.	.	PUNCT
fsr-3148	222	1	our	our	PRON
fsr-3148	222	2	results	result	NOUN
fsr-3148	222	3	indicate	indicate	VERB
fsr-3148	222	4	that	that	SCONJ
fsr-3148	222	5	,	,	PUNCT
fsr-3148	222	6	on	on	ADP
fsr-3148	222	7	average	average	ADJ
fsr-3148	222	8	,	,	PUNCT
fsr-3148	222	9	investors	investor	NOUN
fsr-3148	222	10	receive	receive	VERB
fsr-3148	222	11	�	�	PROPN
fsr-3148	222	12	93.8	93.8	NUM
fsr-3148	222	13	cents	cent	NOUN
fsr-3148	222	14	in	in	ADP
fsr-3148	222	15	value	value	NOUN
fsr-3148	222	16	for	for	ADP
fsr-3148	222	17	each	each	DET
fsr-3148	222	18	dollar	dollar	NOUN
fsr-3148	222	19	invested	invest	VERB
fsr-3148	222	20	in	in	ADP
fsr-3148	222	21	structured	structured	ADJ
fsr-3148	222	22	cds	cd	NOUN
fsr-3148	222	23	.	.	PUNCT
fsr-3148	223	1	table	table	NOUN
fsr-3148	223	2	3	3	NUM
fsr-3148	223	3	summarizes	summarize	NOUN
fsr-3148	223	4	our	our	PRON
fsr-3148	223	5	valuation	valuation	NOUN
fsr-3148	223	6	results	result	VERB
fsr-3148	223	7	across	across	ADP
fsr-3148	223	8	product	product	NOUN
fsr-3148	223	9	types	type	NOUN
fsr-3148	223	10	.	.	PUNCT
fsr-3148	224	1	the	the	DET
fsr-3148	224	2	size	size	NOUN
fsr-3148	224	3	of	of	ADP
fsr-3148	224	4	the	the	DET
fsr-3148	224	5	valuation	valuation	NOUN
fsr-3148	224	6	sample	sample	NOUN
fsr-3148	224	7	is	be	AUX
fsr-3148	224	8	limited	limit	VERB
fsr-3148	224	9	both	both	PRON
fsr-3148	224	10	by	by	ADP
fsr-3148	224	11	quality	quality	NOUN
fsr-3148	224	12	of	of	ADP
fsr-3148	224	13	the	the	DET
fsr-3148	224	14	data	datum	NOUN
fsr-3148	224	15	and	and	CCONJ
fsr-3148	224	16	the	the	DET
fsr-3148	224	17	idiosyncrasies	idiosyncrasy	NOUN
fsr-3148	224	18	of	of	ADP
fsr-3148	224	19	individual	individual	ADJ
fsr-3148	224	20	products	product	NOUN
fsr-3148	224	21	.	.	PUNCT
fsr-3148	225	1	for	for	ADP
fsr-3148	225	2	example	example	NOUN
fsr-3148	225	3	,	,	PUNCT
fsr-3148	225	4	many	many	ADJ
fsr-3148	225	5	products	product	NOUN
fsr-3148	225	6	reference	reference	VERB
fsr-3148	225	7	proprietary	proprietary	ADJ
fsr-3148	225	8	indexes	index	NOUN
fsr-3148	225	9	for	for	ADP
fsr-3148	225	10	which	which	PRON
fsr-3148	225	11	there	there	PRON
fsr-3148	225	12	is	be	VERB
fsr-3148	225	13	little	little	ADJ
fsr-3148	225	14	or	or	CCONJ
fsr-3148	225	15	no	no	PRON
fsr-3148	225	16	market	market	NOUN
fsr-3148	225	17	information	information	NOUN
fsr-3148	225	18	,	,	PUNCT
fsr-3148	225	19	such	such	ADJ
fsr-3148	225	20	as	as	ADP
fsr-3148	225	21	those	those	PRON
fsr-3148	225	22	noted	note	VERB
fsr-3148	225	23	above	above	ADP
fsr-3148	225	24	from	from	ADP
fsr-3148	225	25	jp	jp	PROPN
fsr-3148	225	26	morgan	morgan	PROPN
fsr-3148	225	27	.	.	PROPN
fsr-3148	225	28	table	table	PROPN
fsr-3148	225	29	3	3	NUM
fsr-3148	225	30	also	also	ADV
fsr-3148	225	31	summarizes	summarize	VERB
fsr-3148	225	32	the	the	DET
fsr-3148	225	33	structured	structured	ADJ
fsr-3148	225	34	cd	cd	NOUN
fsr-3148	225	35	valuation	valuation	NOUN
fsr-3148	225	36	as	as	ADP
fsr-3148	225	37	a	a	DET
fsr-3148	225	38	percentage	percentage	NOUN
fsr-3148	225	39	of	of	ADP
fsr-3148	225	40	contemporaneously	contemporaneously	ADV
fsr-3148	225	41	issued	issue	VERB
fsr-3148	225	42	fixed	fix	VERB
fsr-3148	225	43	-	-	PUNCT
fsr-3148	225	44	rate	rate	NOUN
fsr-3148	225	45	cds	cd	NOUN
fsr-3148	225	46	.	.	PUNCT
fsr-3148	226	1	the	the	DET
fsr-3148	226	2	rates	rate	NOUN
fsr-3148	226	3	assumed	assume	VERB
fsr-3148	226	4	for	for	ADP
fsr-3148	226	5	fixed	fix	VERB
fsr-3148	226	6	-	-	PUNCT
fsr-3148	226	7	rate	rate	NOUN
fsr-3148	226	8	cds	cd	NOUN
fsr-3148	226	9	is	be	AUX
fsr-3148	226	10	the	the	DET
fsr-3148	226	11	national	national	ADJ
fsr-3148	226	12	average	average	ADJ
fsr-3148	226	13	rate	rate	NOUN
fsr-3148	226	14	given	give	VERB
fsr-3148	226	15	by	by	ADP
fsr-3148	226	16	the	the	DET
fsr-3148	226	17	fdic	fdic	PROPN
fsr-3148	226	18	for	for	ADP
fsr-3148	226	19	the	the	DET
fsr-3148	226	20	week	week	NOUN
fsr-3148	226	21	that	that	SCONJ
fsr-3148	226	22	the	the	DET
fsr-3148	226	23	structured	structured	ADJ
fsr-3148	226	24	cds	cd	NOUN
fsr-3148	226	25	were	be	AUX
fsr-3148	226	26	priced	price	VERB
fsr-3148	226	27	.	.	PUNCT
fsr-3148	227	1	in	in	ADP
fsr-3148	227	2	the	the	DET
fsr-3148	227	3	event	event	NOUN
fsr-3148	227	4	that	that	SCONJ
fsr-3148	227	5	the	the	DET
fsr-3148	227	6	term	term	NOUN
fsr-3148	227	7	of	of	ADP
fsr-3148	227	8	the	the	DET
fsr-3148	227	9	structured	structured	ADJ
fsr-3148	227	10	cd	cd	NOUN
fsr-3148	227	11	did	do	AUX
fsr-3148	227	12	not	not	PART
fsr-3148	227	13	match	match	VERB
fsr-3148	227	14	that	that	PRON
fsr-3148	227	15	of	of	ADP
fsr-3148	227	16	a	a	DET
fsr-3148	227	17	traditional	traditional	ADJ
fsr-3148	227	18	cd	cd	NOUN
fsr-3148	227	19	reported	report	VERB
fsr-3148	227	20	by	by	ADP
fsr-3148	227	21	the	the	DET
fsr-3148	227	22	fdic	fdic	PROPN
fsr-3148	227	23	,	,	PUNCT
fsr-3148	227	24	linear	linear	ADJ
fsr-3148	227	25	interpolation	interpolation	NOUN
fsr-3148	227	26	was	be	AUX
fsr-3148	227	27	used	use	VERB
fsr-3148	227	28	to	to	PART
fsr-3148	227	29	determine	determine	VERB
fsr-3148	227	30	the	the	DET
fsr-3148	227	31	implied	imply	VERB
fsr-3148	227	32	cd	cd	NOUN
fsr-3148	227	33	rate	rate	NOUN
fsr-3148	227	34	.	.	PUNCT
fsr-3148	228	1	with	with	ADP
fsr-3148	228	2	the	the	DET
fsr-3148	228	3	exception	exception	NOUN
fsr-3148	228	4	of	of	ADP
fsr-3148	228	5	the	the	DET
fsr-3148	228	6	average	average	ADJ
fsr-3148	228	7	cds	cd	NOUN
fsr-3148	228	8	,	,	PUNCT
fsr-3148	228	9	the	the	DET
fsr-3148	228	10	other	other	ADJ
fsr-3148	228	11	structured	structured	ADJ
fsr-3148	228	12	cds	cd	NOUN
fsr-3148	228	13	were	be	AUX
fsr-3148	228	14	priced	price	VERB
fsr-3148	228	15	at	at	ADP
fsr-3148	228	16	significant	significant	ADJ
fsr-3148	228	17	discounts	discount	NOUN
fsr-3148	228	18	to	to	PART
fsr-3148	228	19	contemporaneously	contemporaneously	ADV
fsr-3148	228	20	issued	issue	VERB
fsr-3148	228	21	fixed	fix	VERB
fsr-3148	228	22	-	-	PUNCT
fsr-3148	228	23	rate	rate	NOUN
fsr-3148	228	24	cds	cd	NOUN
fsr-3148	228	25	according	accord	VERB
fsr-3148	228	26	to	to	ADP
fsr-3148	228	27	our	our	PRON
fsr-3148	228	28	valuation	valuation	NOUN
fsr-3148	228	29	results.30	results.30	VERB
fsr-3148	228	30	table	table	NOUN
fsr-3148	228	31	4	4	NUM
fsr-3148	228	32	summarizes	summarize	NOUN
fsr-3148	228	33	the	the	DET
fsr-3148	228	34	valuation	valuation	NOUN
fsr-3148	228	35	results	result	VERB
fsr-3148	228	36	for	for	ADP
fsr-3148	228	37	our	our	PRON
fsr-3148	228	38	sample	sample	NOUN
fsr-3148	228	39	of	of	ADP
fsr-3148	228	40	structured	structured	ADJ
fsr-3148	228	41	cds	cd	NOUN
fsr-3148	228	42	broken	break	VERB
fsr-3148	228	43	down	down	ADP
fsr-3148	228	44	by	by	ADP
fsr-3148	228	45	issuing	issue	VERB
fsr-3148	228	46	bank.31	bank.31	NOUN
fsr-3148	228	47	average	average	ADJ
fsr-3148	228	48	initial	initial	ADJ
fsr-3148	228	49	valuation	valuation	NOUN
fsr-3148	228	50	is	be	AUX
fsr-3148	228	51	written	write	VERB
fsr-3148	228	52	as	as	ADP
fsr-3148	228	53	a	a	DET
fsr-3148	228	54	percentage	percentage	NOUN
fsr-3148	228	55	of	of	ADP
fsr-3148	228	56	face	face	NOUN
fsr-3148	228	57	value	value	NOUN
fsr-3148	228	58	.	.	PUNCT
fsr-3148	229	1	in	in	ADP
fsr-3148	229	2	the	the	DET
fsr-3148	229	3	table	table	NOUN
fsr-3148	229	4	,	,	PUNCT
fsr-3148	229	5	we	we	PRON
fsr-3148	229	6	also	also	ADV
fsr-3148	229	7	include	include	VERB
fsr-3148	229	8	the	the	DET
fsr-3148	229	9	probability	probability	NOUN
fsr-3148	229	10	that	that	SCONJ
fsr-3148	229	11	an	an	DET
fsr-3148	229	12	investor	investor	NOUN
fsr-3148	229	13	will	will	AUX
fsr-3148	229	14	realize	realize	VERB
fsr-3148	229	15	the	the	DET
fsr-3148	229	16	minimum	minimum	ADJ
fsr-3148	229	17	return	return	NOUN
fsr-3148	229	18	from	from	ADP
fsr-3148	229	19	investing	invest	VERB
fsr-3148	229	20	in	in	ADP
fsr-3148	229	21	the	the	DET
fsr-3148	229	22	products.32	products.32	PROPN
fsr-3148	229	23	as	as	SCONJ
fsr-3148	229	24	discussed	discuss	VERB
fsr-3148	229	25	in	in	ADP
fsr-3148	229	26	the	the	DET
fsr-3148	229	27	contingent	contingent	NOUN
fsr-3148	229	28	coupon	coupon	NOUN
fsr-3148	229	29	cd	cd	NOUN
fsr-3148	229	30	section	section	NOUN
fsr-3148	229	31	,	,	PUNCT
fsr-3148	229	32	contingent	contingent	ADJ
fsr-3148	229	33	coupon	coupon	NOUN
fsr-3148	229	34	cds	cd	NOUN
fsr-3148	229	35	can	can	AUX
fsr-3148	229	36	come	come	VERB
fsr-3148	229	37	in	in	ADP
fsr-3148	229	38	two	two	NUM
fsr-3148	229	39	varieties	variety	NOUN
fsr-3148	229	40	:	:	PUNCT
fsr-3148	229	41	buffered	buffer	VERB
fsr-3148	229	42	and	and	CCONJ
fsr-3148	229	43	unbuffered	unbuffered	ADJ
fsr-3148	229	44	.	.	PUNCT
fsr-3148	230	1	table	table	NOUN
fsr-3148	230	2	5	5	NUM
fsr-3148	230	3	decomposes	decompose	VERB
fsr-3148	230	4	the	the	DET
fsr-3148	230	5	valuation	valuation	NOUN
fsr-3148	230	6	results	result	VERB
fsr-3148	230	7	across	across	ADP
fsr-3148	230	8	these	these	DET
fsr-3148	230	9	two	two	NUM
fsr-3148	230	10	types	type	NOUN
fsr-3148	230	11	.	.	PUNCT
fsr-3148	231	1	our	our	PRON
fsr-3148	231	2	analysis	analysis	NOUN
fsr-3148	231	3	suggests	suggest	VERB
fsr-3148	231	4	that	that	SCONJ
fsr-3148	231	5	these	these	DET
fsr-3148	231	6	two	two	NUM
fsr-3148	231	7	types	type	NOUN
fsr-3148	231	8	of	of	ADP
fsr-3148	231	9	contingent	contingent	ADJ
fsr-3148	231	10	coupon	coupon	NOUN
fsr-3148	231	11	cds	cd	NOUN
fsr-3148	231	12	are	be	AUX
fsr-3148	231	13	comparably	comparably	ADV
fsr-3148	231	14	priced	price	VERB
fsr-3148	231	15	and	and	CCONJ
fsr-3148	231	16	that	that	SCONJ
fsr-3148	231	17	issuers	issuer	NOUN
fsr-3148	231	18	likely	likely	ADV
fsr-3148	231	19	lower	lower	ADV
fsr-3148	231	20	the	the	DET
fsr-3148	231	21	return	return	NOUN
fsr-3148	231	22	cap	cap	NOUN
fsr-3148	231	23	to	to	PART
fsr-3148	231	24	compensate	compensate	VERB
fsr-3148	231	25	for	for	ADP
fsr-3148	231	26	the	the	DET
fsr-3148	231	27	presence	presence	NOUN
fsr-3148	231	28	of	of	ADP
fsr-3148	231	29	a	a	DET
fsr-3148	231	30	buffer	buffer	NOUN
fsr-3148	231	31	in	in	ADP
fsr-3148	231	32	the	the	DET
fsr-3148	231	33	buffered	buffer	VERB
fsr-3148	231	34	version	version	NOUN
fsr-3148	231	35	of	of	ADP
fsr-3148	231	36	the	the	DET
fsr-3148	231	37	cds	cd	NOUN
fsr-3148	231	38	.	.	PUNCT
fsr-3148	232	1	in	in	ADP
fsr-3148	232	2	summary	summary	NOUN
fsr-3148	232	3	,	,	PUNCT
fsr-3148	232	4	these	these	DET
fsr-3148	232	5	results	result	NOUN
fsr-3148	232	6	show	show	VERB
fsr-3148	232	7	that	that	SCONJ
fsr-3148	232	8	structured	structured	ADJ
fsr-3148	232	9	cds	cd	NOUN
fsr-3148	232	10	are	be	AUX
fsr-3148	232	11	priced	price	VERB
fsr-3148	232	12	at	at	ADP
fsr-3148	232	13	significant	significant	ADJ
fsr-3148	232	14	discounts	discount	NOUN
fsr-3148	232	15	to	to	PART
fsr-3148	232	16	face	face	NOUN
fsr-3148	232	17	value	value	NOUN
fsr-3148	232	18	.	.	PUNCT
fsr-3148	233	1	as	as	SCONJ
fsr-3148	233	2	noted	note	VERB
fsr-3148	233	3	in	in	ADP
fsr-3148	233	4	the	the	DET
fsr-3148	233	5	structured	structured	ADJ
fsr-3148	233	6	products	product	NOUN
fsr-3148	233	7	literature	literature	NOUN
fsr-3148	233	8	,	,	PUNCT
fsr-3148	233	9	the	the	DET
fsr-3148	233	10	difference	difference	NOUN
fsr-3148	233	11	between	between	ADP
fsr-3148	233	12	the	the	DET
fsr-3148	233	13	fair	fair	ADJ
fsr-3148	233	14	value	value	NOUN
fsr-3148	233	15	and	and	CCONJ
fsr-3148	233	16	the	the	DET
fsr-3148	233	17	issue	issue	NOUN
fsr-3148	233	18	price	price	NOUN
fsr-3148	233	19	is	be	AUX
fsr-3148	233	20	effectively	effectively	ADV
fsr-3148	233	21	an	an	DET
fsr-3148	233	22	undisclosed	undisclosed	ADJ
fsr-3148	233	23	additional	additional	ADJ
fsr-3148	233	24	charge	charge	NOUN
fsr-3148	233	25	by	by	ADP
fsr-3148	233	26	the	the	DET
fsr-3148	233	27	issuer	issuer	NOUN
fsr-3148	233	28	.	.	PUNCT
fsr-3148	234	1	although	although	SCONJ
fsr-3148	234	2	the	the	DET
fsr-3148	234	3	amount	amount	NOUN
fsr-3148	234	4	of	of	ADP
fsr-3148	234	5	this	this	DET
fsr-3148	234	6	charge	charge	NOUN
fsr-3148	234	7	varies	vary	VERB
fsr-3148	234	8	by	by	ADP
fsr-3148	234	9	product	product	NOUN
fsr-3148	234	10	type	type	NOUN
fsr-3148	234	11	,	,	PUNCT
fsr-3148	234	12	it	it	PRON
fsr-3148	234	13	is	be	AUX
fsr-3148	234	14	approximately	approximately	ADV
fsr-3148	234	15	as	as	ADV
fsr-3148	234	16	large	large	ADJ
fsr-3148	234	17	as	as	ADP
fsr-3148	234	18	the	the	DET
fsr-3148	234	19	discounts	discount	NOUN
fsr-3148	234	20	observed	observe	VERB
fsr-3148	234	21	in	in	ADP
fsr-3148	234	22	the	the	DET
fsr-3148	234	23	structured	structured	ADJ
fsr-3148	234	24	product	product	NOUN
fsr-3148	234	25	market.33	market.33	NOUN
fsr-3148	234	26	although	although	SCONJ
fsr-3148	234	27	structured	structured	ADJ
fsr-3148	234	28	cds	cd	NOUN
fsr-3148	234	29	are	be	AUX
fsr-3148	234	30	often	often	ADV
fsr-3148	234	31	marketed	market	VERB
fsr-3148	234	32	as	as	ADP
fsr-3148	234	33	safe	safe	ADJ
fsr-3148	234	34	investments	investment	NOUN
fsr-3148	234	35	with	with	ADP
fsr-3148	234	36	additional	additional	ADJ
fsr-3148	234	37	market	market	NOUN
fsr-3148	234	38	exposure	exposure	NOUN
fsr-3148	234	39	,	,	PUNCT
fsr-3148	234	40	our	our	PRON
fsr-3148	234	41	results	result	NOUN
fsr-3148	234	42	show	show	VERB
fsr-3148	234	43	that	that	SCONJ
fsr-3148	234	44	their	their	PRON
fsr-3148	234	45	table	table	NOUN
fsr-3148	234	46	3	3	NUM
fsr-3148	234	47	issue	issue	NOUN
fsr-3148	234	48	date	date	NOUN
fsr-3148	234	49	weighted	weight	VERB
fsr-3148	234	50	average	average	ADJ
fsr-3148	234	51	fair	fair	ADJ
fsr-3148	234	52	value	value	NOUN
fsr-3148	234	53	by	by	ADP
fsr-3148	234	54	product	product	NOUN
fsr-3148	234	55	type	type	NOUN
fsr-3148	234	56	product	product	NOUN
fsr-3148	234	57	type	type	NOUN
fsr-3148	234	58	number	number	NOUN
fsr-3148	234	59	aggregate	aggregate	ADJ
fsr-3148	234	60	face	face	NOUN
fsr-3148	234	61	value	value	NOUN
fsr-3148	234	62	(	(	PUNCT
fsr-3148	234	63	mm	mm	NOUN
fsr-3148	234	64	)	)	PUNCT
fsr-3148	234	65	average	average	ADJ
fsr-3148	234	66	initial	initial	ADJ
fsr-3148	234	67	valuation	valuation	NOUN
fsr-3148	234	68	percentage	percentage	NOUN
fsr-3148	234	69	of	of	ADP
fsr-3148	234	70	traditional	traditional	ADJ
fsr-3148	234	71	cd	cd	NOUN
fsr-3148	234	72	contingent	contingent	NOUN
fsr-3148	234	73	coupon	coupon	NOUN
fsr-3148	234	74	cd	cd	VERB
fsr-3148	234	75	230	230	NUM
fsr-3148	234	76	$	$	SYM
fsr-3148	234	77	1,028.0	1,028.0	NUM
fsr-3148	234	78	93.18%a	93.18%a	NUM
fsr-3148	234	79	92.44	92.44	NUM
fsr-3148	234	80	%	%	NOUN
fsr-3148	234	81	ratchet	ratchet	NOUN
fsr-3148	234	82	cd	cd	NOUN
fsr-3148	234	83	31	31	NUM
fsr-3148	234	84	$	$	SYM
fsr-3148	234	85	308.2	308.2	NUM
fsr-3148	234	86	96.23%a	96.23%a	NUM
fsr-3148	234	87	95.12	95.12	NUM
fsr-3148	234	88	%	%	NOUN
fsr-3148	234	89	average	average	ADJ
fsr-3148	234	90	cd	cd	NOUN
fsr-3148	234	91	28	28	NUM
fsr-3148	234	92	$	$	SYM
fsr-3148	234	93	338.2	338.2	NUM
fsr-3148	234	94	92.54%a	92.54%a	NUM
fsr-3148	234	95	93.28	93.28	NUM
fsr-3148	234	96	%	%	NOUN
fsr-3148	234	97	single	single	ADJ
fsr-3148	234	98	-	-	PUNCT
fsr-3148	234	99	observation	observation	NOUN
fsr-3148	234	100	cd	cd	NOUN
fsr-3148	234	101	14	14	NUM
fsr-3148	234	102	$	$	SYM
fsr-3148	234	103	122.1	122.1	NUM
fsr-3148	234	104	96.35%a	96.35%a	NUM
fsr-3148	234	105	97.03	97.03	NUM
fsr-3148	234	106	%	%	NOUN
fsr-3148	234	107	total	total	NOUN
fsr-3148	234	108	303	303	NUM
fsr-3148	234	109	$	$	SYM
fsr-3148	234	110	1,796.4	1,796.4	NUM
fsr-3148	234	111	93.80%a	93.80%a	NUM
fsr-3148	234	112	93.37	93.37	NUM
fsr-3148	234	113	%	%	NOUN
fsr-3148	234	114	aindicates	aindicate	NOUN
fsr-3148	234	115	that	that	PRON
fsr-3148	234	116	the	the	DET
fsr-3148	234	117	mean	mean	ADJ
fsr-3148	234	118	ratio	ratio	NOUN
fsr-3148	234	119	of	of	ADP
fsr-3148	234	120	structured	structured	ADJ
fsr-3148	234	121	cd	cd	NOUN
fsr-3148	234	122	values	value	NOUN
fsr-3148	234	123	to	to	ADP
fsr-3148	234	124	traditional	traditional	ADJ
fsr-3148	234	125	cd	cd	NOUN
fsr-3148	234	126	values	value	NOUN
fsr-3148	234	127	is	be	AUX
fsr-3148	234	128	statistically	statistically	ADV
fsr-3148	234	129	different	different	ADJ
fsr-3148	234	130	from	from	ADP
fsr-3148	234	131	1	1	NUM
fsr-3148	234	132	at	at	ADP
fsr-3148	234	133	the	the	DET
fsr-3148	234	134	95	95	NUM
fsr-3148	234	135	%	%	NOUN
fsr-3148	234	136	confidence	confidence	NOUN
fsr-3148	234	137	level	level	NOUN
fsr-3148	234	138	.	.	PUNCT
fsr-3148	235	1	232	232	NUM
fsr-3148	235	2	g.	g.	PROPN
fsr-3148	235	3	deng	deng	PROPN
fsr-3148	235	4	et	et	PROPN
fsr-3148	235	5	al	al	PROPN
fsr-3148	235	6	.	.	PUNCT
fsr-3148	235	7	/	/	SYM
fsr-3148	235	8	financial	financial	ADJ
fsr-3148	235	9	services	service	NOUN
fsr-3148	235	10	review	review	VERB
fsr-3148	235	11	23	23	NUM
fsr-3148	235	12	(	(	PUNCT
fsr-3148	235	13	2014	2014	NUM
fsr-3148	235	14	)	)	PUNCT
fsr-3148	236	1	219–237	219–237	NUM
fsr-3148	236	2	unfavorable	unfavorable	ADJ
fsr-3148	236	3	crediting	crediting	NOUN
fsr-3148	236	4	formulas	formula	NOUN
fsr-3148	236	5	lead	lead	VERB
fsr-3148	236	6	to	to	ADP
fsr-3148	236	7	both	both	DET
fsr-3148	236	8	little	little	ADJ
fsr-3148	236	9	market	market	NOUN
fsr-3148	236	10	exposure	exposure	NOUN
fsr-3148	236	11	and	and	CCONJ
fsr-3148	236	12	a	a	DET
fsr-3148	236	13	high	high	ADJ
fsr-3148	236	14	probability	probability	NOUN
fsr-3148	236	15	of	of	ADP
fsr-3148	236	16	below	below	ADP
fsr-3148	236	17	-	-	PUNCT
fsr-3148	236	18	market	market	NOUN
fsr-3148	236	19	returns	return	NOUN
fsr-3148	236	20	.	.	PUNCT
fsr-3148	237	1	5	5	X
fsr-3148	237	2	.	.	X
fsr-3148	237	3	discussion	discussion	NOUN
fsr-3148	237	4	in	in	ADP
fsr-3148	237	5	this	this	DET
fsr-3148	237	6	article	article	NOUN
fsr-3148	237	7	,	,	PUNCT
fsr-3148	237	8	we	we	PRON
fsr-3148	237	9	review	review	VERB
fsr-3148	237	10	the	the	DET
fsr-3148	237	11	market	market	NOUN
fsr-3148	237	12	for	for	ADP
fsr-3148	237	13	and	and	CCONJ
fsr-3148	237	14	common	common	ADJ
fsr-3148	237	15	features	feature	NOUN
fsr-3148	237	16	of	of	ADP
fsr-3148	237	17	structured	structured	ADJ
fsr-3148	237	18	cds	cd	NOUN
fsr-3148	237	19	.	.	PUNCT
fsr-3148	238	1	we	we	PRON
fsr-3148	238	2	use	use	VERB
fsr-3148	238	3	a	a	DET
fsr-3148	238	4	sample	sample	NOUN
fsr-3148	238	5	of	of	ADP
fsr-3148	238	6	products	product	NOUN
fsr-3148	238	7	to	to	PART
fsr-3148	238	8	provide	provide	VERB
fsr-3148	238	9	aggregate	aggregate	ADJ
fsr-3148	238	10	data	datum	NOUN
fsr-3148	238	11	on	on	ADP
fsr-3148	238	12	this	this	PRON
fsr-3148	238	13	relatively	relatively	ADV
fsr-3148	238	14	obscure	obscure	ADJ
fsr-3148	238	15	,	,	PUNCT
fsr-3148	238	16	yet	yet	CCONJ
fsr-3148	238	17	very	very	ADV
fsr-3148	238	18	large	large	ADJ
fsr-3148	238	19	table	table	NOUN
fsr-3148	238	20	4	4	NUM
fsr-3148	238	21	issuer	issuer	NOUN
fsr-3148	238	22	structured	structure	VERB
fsr-3148	238	23	cd	cd	PROPN
fsr-3148	238	24	valuation	valuation	NOUN
fsr-3148	238	25	summary	summary	PROPN
fsr-3148	238	26	issuer	issuer	NOUN
fsr-3148	238	27	number	number	NOUN
fsr-3148	238	28	aggregate	aggregate	ADJ
fsr-3148	238	29	face	face	NOUN
fsr-3148	238	30	value	value	NOUN
fsr-3148	238	31	(	(	PUNCT
fsr-3148	238	32	mm	mm	NOUN
fsr-3148	238	33	)	)	PUNCT
fsr-3148	238	34	initial	initial	ADJ
fsr-3148	238	35	valuation	valuation	NOUN
fsr-3148	238	36	probability	probability	NOUN
fsr-3148	238	37	of	of	ADP
fsr-3148	238	38	minimum	minimum	ADJ
fsr-3148	238	39	return	return	NOUN
fsr-3148	238	40	contingent	contingent	NOUN
fsr-3148	238	41	coupon	coupon	NOUN
fsr-3148	238	42	cds	cds	PROPN
fsr-3148	238	43	jp	jp	PROPN
fsr-3148	238	44	morgan	morgan	PROPN
fsr-3148	238	45	chase	chase	PROPN
fsr-3148	238	46	bank	bank	PROPN
fsr-3148	238	47	194	194	NUM
fsr-3148	238	48	$	$	SYM
fsr-3148	238	49	787.6	787.6	NUM
fsr-3148	238	50	93.28%a	93.28%a	NUM
fsr-3148	238	51	69	69	NUM
fsr-3148	238	52	%	%	NOUN
fsr-3148	238	53	barclays	barclays	PROPN
fsr-3148	238	54	bank	bank	PROPN
fsr-3148	238	55	delaware	delaware	PROPN
fsr-3148	238	56	31	31	NUM
fsr-3148	238	57	$	$	SYM
fsr-3148	238	58	175.3	175.3	NUM
fsr-3148	238	59	94.10%a	94.10%a	NUM
fsr-3148	238	60	65	65	NUM
fsr-3148	238	61	%	%	NOUN
fsr-3148	238	62	citibank	citibank	NOUN
fsr-3148	238	63	3	3	NUM
fsr-3148	238	64	$	$	SYM
fsr-3148	238	65	42.2	42.2	NUM
fsr-3148	238	66	90.77%a	90.77%a	NUM
fsr-3148	238	67	54	54	NUM
fsr-3148	238	68	%	%	NOUN
fsr-3148	238	69	hsbc	hsbc	NOUN
fsr-3148	238	70	1	1	NUM
fsr-3148	238	71	$	$	SYM
fsr-3148	238	72	21.5	21.5	NUM
fsr-3148	238	73	86.86	86.86	NUM
fsr-3148	238	74	%	%	NOUN
fsr-3148	238	75	66	66	NUM
fsr-3148	238	76	%	%	NOUN
fsr-3148	238	77	american	american	PROPN
fsr-3148	238	78	national	national	PROPN
fsr-3148	238	79	bank	bank	PROPN
fsr-3148	238	80	1	1	NUM
fsr-3148	238	81	$	$	SYM
fsr-3148	238	82	1.3	1.3	NUM
fsr-3148	238	83	93.45	93.45	NUM
fsr-3148	238	84	%	%	NOUN
fsr-3148	238	85	66	66	NUM
fsr-3148	238	86	%	%	NOUN
fsr-3148	238	87	total	total	NOUN
fsr-3148	238	88	230	230	NUM
fsr-3148	238	89	$	$	SYM
fsr-3148	238	90	1,028.0	1,028.0	NUM
fsr-3148	238	91	93.18%a	93.18%a	NUM
fsr-3148	238	92	68	68	NUM
fsr-3148	238	93	%	%	NOUN
fsr-3148	238	94	ratchet	ratchet	NOUN
fsr-3148	238	95	cds	cd	NOUN
fsr-3148	238	96	barclays	barclays	PROPN
fsr-3148	238	97	bank	bank	PROPN
fsr-3148	238	98	delaware	delaware	PROPN
fsr-3148	238	99	12	12	NUM
fsr-3148	238	100	$	$	SYM
fsr-3148	238	101	64.7	64.7	NUM
fsr-3148	238	102	94.43%a	94.43%a	NUM
fsr-3148	238	103	96	96	NUM
fsr-3148	238	104	%	%	NOUN
fsr-3148	238	105	suntrust	suntrust	PROPN
fsr-3148	238	106	bank	bank	PROPN
fsr-3148	238	107	11	11	NUM
fsr-3148	238	108	$	$	SYM
fsr-3148	238	109	114.9	114.9	NUM
fsr-3148	238	110	97.33%a	97.33%a	NUM
fsr-3148	238	111	97	97	NUM
fsr-3148	238	112	%	%	NOUN
fsr-3148	238	113	union	union	NOUN
fsr-3148	238	114	bank	bank	PROPN
fsr-3148	238	115	5	5	NUM
fsr-3148	238	116	$	$	SYM
fsr-3148	238	117	123.2	123.2	NUM
fsr-3148	238	118	96.14%a	96.14%a	NUM
fsr-3148	238	119	95	95	NUM
fsr-3148	238	120	%	%	NOUN
fsr-3148	238	121	jp	jp	NOUN
fsr-3148	238	122	morgan	morgan	PROPN
fsr-3148	238	123	chase	chase	PROPN
fsr-3148	238	124	bank	bank	PROPN
fsr-3148	238	125	3	3	NUM
fsr-3148	238	126	$	$	SYM
fsr-3148	238	127	5.4	5.4	NUM
fsr-3148	238	128	96.35%a	96.35%a	NUM
fsr-3148	238	129	98	98	NUM
fsr-3148	238	130	%	%	NOUN
fsr-3148	238	131	total	total	NOUN
fsr-3148	238	132	31	31	NUM
fsr-3148	238	133	$	$	SYM
fsr-3148	238	134	308.2	308.2	NUM
fsr-3148	238	135	96.23%a	96.23%a	NUM
fsr-3148	238	136	96	96	NUM
fsr-3148	238	137	%	%	NOUN
fsr-3148	238	138	average	average	ADJ
fsr-3148	238	139	return	return	NOUN
fsr-3148	238	140	cds	cds	PROPN
fsr-3148	238	141	suntrust	suntrust	PROPN
fsr-3148	238	142	bank	bank	PROPN
fsr-3148	238	143	17	17	NUM
fsr-3148	238	144	$	$	SYM
fsr-3148	238	145	230.6	230.6	NUM
fsr-3148	238	146	93.03%a	93.03%a	NUM
fsr-3148	238	147	94	94	NUM
fsr-3148	238	148	%	%	NOUN
fsr-3148	238	149	jp	jp	NOUN
fsr-3148	238	150	morgan	morgan	PROPN
fsr-3148	238	151	chase	chase	PROPN
fsr-3148	238	152	bank	bank	PROPN
fsr-3148	238	153	9	9	NUM
fsr-3148	238	154	$	$	SYM
fsr-3148	238	155	26.6	26.6	NUM
fsr-3148	238	156	89.81%a	89.81%a	NUM
fsr-3148	238	157	70	70	NUM
fsr-3148	238	158	%	%	NOUN
fsr-3148	238	159	wells	wells	PROPN
fsr-3148	238	160	fargo	fargo	PROPN
fsr-3148	238	161	bank	bank	PROPN
fsr-3148	238	162	1	1	NUM
fsr-3148	238	163	$	$	SYM
fsr-3148	238	164	73.2	73.2	NUM
fsr-3148	238	165	92.83	92.83	NUM
fsr-3148	238	166	%	%	NOUN
fsr-3148	238	167	99	99	NUM
fsr-3148	238	168	%	%	NOUN
fsr-3148	238	169	citibank	citibank	NOUN
fsr-3148	238	170	1	1	NUM
fsr-3148	238	171	$	$	SYM
fsr-3148	238	172	7.8	7.8	NUM
fsr-3148	238	173	84.81	84.81	NUM
fsr-3148	238	174	%	%	NOUN
fsr-3148	238	175	53	53	NUM
fsr-3148	238	176	%	%	NOUN
fsr-3148	238	177	total	total	NOUN
fsr-3148	238	178	28	28	NUM
fsr-3148	238	179	$	$	SYM
fsr-3148	238	180	338.2	338.2	NUM
fsr-3148	238	181	92.54%a	92.54%a	NUM
fsr-3148	238	182	93	93	NUM
fsr-3148	238	183	%	%	NOUN
fsr-3148	238	184	single	single	ADJ
fsr-3148	238	185	-	-	PUNCT
fsr-3148	238	186	observation	observation	NOUN
fsr-3148	238	187	cds	cds	PROPN
fsr-3148	238	188	jp	jp	PROPN
fsr-3148	238	189	morgan	morgan	PROPN
fsr-3148	238	190	chase	chase	PROPN
fsr-3148	238	191	bank	bank	PROPN
fsr-3148	238	192	6	6	NUM
fsr-3148	238	193	$	$	SYM
fsr-3148	238	194	54.9	54.9	NUM
fsr-3148	238	195	95.48%a	95.48%a	NUM
fsr-3148	238	196	61	61	NUM
fsr-3148	238	197	%	%	NOUN
fsr-3148	238	198	suntrust	suntrust	PROPN
fsr-3148	238	199	bank	bank	PROPN
fsr-3148	238	200	3	3	NUM
fsr-3148	238	201	$	$	SYM
fsr-3148	238	202	25.6	25.6	NUM
fsr-3148	238	203	98.65	98.65	NUM
fsr-3148	238	204	%	%	NOUN
fsr-3148	238	205	76	76	NUM
fsr-3148	238	206	%	%	NOUN
fsr-3148	238	207	barclays	barclays	PROPN
fsr-3148	238	208	bank	bank	PROPN
fsr-3148	238	209	delaware	delaware	PROPN
fsr-3148	238	210	2	2	NUM
fsr-3148	238	211	$	$	SYM
fsr-3148	238	212	16.3	16.3	NUM
fsr-3148	238	213	96.83	96.83	NUM
fsr-3148	238	214	%	%	NOUN
fsr-3148	238	215	62	62	NUM
fsr-3148	238	216	%	%	NOUN
fsr-3148	238	217	citibank	citibank	NOUN
fsr-3148	238	218	2	2	NUM
fsr-3148	238	219	$	$	SYM
fsr-3148	238	220	24.3	24.3	NUM
fsr-3148	238	221	95.67	95.67	NUM
fsr-3148	238	222	%	%	NOUN
fsr-3148	238	223	60	60	NUM
fsr-3148	238	224	%	%	NOUN
fsr-3148	238	225	wells	wells	PROPN
fsr-3148	238	226	fargo	fargo	PROPN
fsr-3148	238	227	bank	bank	PROPN
fsr-3148	238	228	1	1	NUM
fsr-3148	238	229	$	$	SYM
fsr-3148	238	230	1.0	1.0	NUM
fsr-3148	238	231	93.86	93.86	NUM
fsr-3148	238	232	%	%	NOUN
fsr-3148	238	233	98	98	NUM
fsr-3148	238	234	%	%	NOUN
fsr-3148	238	235	total	total	NOUN
fsr-3148	238	236	14	14	NUM
fsr-3148	238	237	$	$	SYM
fsr-3148	238	238	122.1	122.1	NUM
fsr-3148	238	239	96.35%a	96.35%a	NUM
fsr-3148	238	240	64	64	NUM
fsr-3148	238	241	%	%	NOUN
fsr-3148	238	242	aindicates	aindicate	NOUN
fsr-3148	238	243	that	that	PRON
fsr-3148	238	244	the	the	DET
fsr-3148	238	245	mean	mean	ADJ
fsr-3148	238	246	ratio	ratio	NOUN
fsr-3148	238	247	of	of	ADP
fsr-3148	238	248	structured	structured	ADJ
fsr-3148	238	249	cd	cd	NOUN
fsr-3148	238	250	values	value	NOUN
fsr-3148	238	251	to	to	ADP
fsr-3148	238	252	traditional	traditional	ADJ
fsr-3148	238	253	cd	cd	NOUN
fsr-3148	238	254	values	value	NOUN
fsr-3148	238	255	is	be	AUX
fsr-3148	238	256	statistically	statistically	ADV
fsr-3148	238	257	different	different	ADJ
fsr-3148	238	258	from	from	ADP
fsr-3148	238	259	1	1	NUM
fsr-3148	238	260	at	at	ADP
fsr-3148	238	261	the	the	DET
fsr-3148	238	262	95	95	NUM
fsr-3148	238	263	%	%	NOUN
fsr-3148	238	264	confidence	confidence	NOUN
fsr-3148	238	265	level	level	NOUN
fsr-3148	238	266	.	.	PUNCT
fsr-3148	239	1	table	table	NOUN
fsr-3148	239	2	5	5	NUM
fsr-3148	239	3	valuation	valuation	NOUN
fsr-3148	239	4	results	result	NOUN
fsr-3148	239	5	for	for	ADP
fsr-3148	239	6	our	our	PRON
fsr-3148	239	7	sample	sample	NOUN
fsr-3148	239	8	of	of	ADP
fsr-3148	239	9	contingent	contingent	NOUN
fsr-3148	239	10	coupon	coupon	NOUN
fsr-3148	239	11	structured	structure	VERB
fsr-3148	239	12	cds	cd	NOUN
fsr-3148	239	13	with	with	ADP
fsr-3148	239	14	and	and	CCONJ
fsr-3148	239	15	without	without	ADP
fsr-3148	239	16	buffers	buffer	NOUN
fsr-3148	239	17	return	return	VERB
fsr-3148	239	18	type	type	NOUN
fsr-3148	239	19	number	number	NOUN
fsr-3148	239	20	aggregate	aggregate	ADJ
fsr-3148	239	21	face	face	NOUN
fsr-3148	239	22	value	value	NOUN
fsr-3148	239	23	(	(	PUNCT
fsr-3148	239	24	mm	mm	NOUN
fsr-3148	239	25	)	)	PUNCT
fsr-3148	239	26	initial	initial	ADJ
fsr-3148	239	27	valuation	valuation	NOUN
fsr-3148	239	28	probability	probability	NOUN
fsr-3148	239	29	of	of	ADP
fsr-3148	239	30	minimum	minimum	ADJ
fsr-3148	239	31	return	return	NOUN
fsr-3148	239	32	buffered	buffer	VERB
fsr-3148	239	33	196	196	NUM
fsr-3148	239	34	$	$	SYM
fsr-3148	239	35	805.1	805.1	NUM
fsr-3148	239	36	93.02%a	93.02%a	NUM
fsr-3148	239	37	68	68	NUM
fsr-3148	239	38	%	%	NOUN
fsr-3148	239	39	unbuffered	unbuffered	ADJ
fsr-3148	239	40	34	34	NUM
fsr-3148	239	41	$	$	SYM
fsr-3148	239	42	222.9	222.9	NUM
fsr-3148	239	43	93.78%a	93.78%a	NUM
fsr-3148	239	44	68	68	NUM
fsr-3148	239	45	%	%	NOUN
fsr-3148	239	46	total	total	NOUN
fsr-3148	239	47	230	230	NUM
fsr-3148	239	48	$	$	SYM
fsr-3148	239	49	1,028.0	1,028.0	NUM
fsr-3148	239	50	93.18%a	93.18%a	NUM
fsr-3148	239	51	68	68	NUM
fsr-3148	239	52	%	%	NOUN
fsr-3148	239	53	aindicates	aindicate	NOUN
fsr-3148	239	54	that	that	PRON
fsr-3148	239	55	the	the	DET
fsr-3148	239	56	mean	mean	ADJ
fsr-3148	239	57	ratio	ratio	NOUN
fsr-3148	239	58	of	of	ADP
fsr-3148	239	59	structured	structured	ADJ
fsr-3148	239	60	cd	cd	NOUN
fsr-3148	239	61	values	value	NOUN
fsr-3148	239	62	to	to	ADP
fsr-3148	239	63	traditional	traditional	ADJ
fsr-3148	239	64	cd	cd	NOUN
fsr-3148	239	65	values	value	NOUN
fsr-3148	239	66	is	be	AUX
fsr-3148	239	67	statistically	statistically	ADV
fsr-3148	239	68	different	different	ADJ
fsr-3148	239	69	from	from	ADP
fsr-3148	239	70	1	1	NUM
fsr-3148	239	71	at	at	ADP
fsr-3148	239	72	the	the	DET
fsr-3148	239	73	95	95	NUM
fsr-3148	239	74	%	%	NOUN
fsr-3148	239	75	confidence	confidence	NOUN
fsr-3148	239	76	level	level	NOUN
fsr-3148	239	77	.	.	PUNCT
fsr-3148	240	1	233	233	NUM
fsr-3148	240	2	g.	g.	PROPN
fsr-3148	240	3	deng	deng	PROPN
fsr-3148	240	4	et	et	PROPN
fsr-3148	240	5	al	al	PROPN
fsr-3148	240	6	.	.	PUNCT
fsr-3148	240	7	/	/	SYM
fsr-3148	240	8	financial	financial	ADJ
fsr-3148	240	9	services	service	NOUN
fsr-3148	240	10	review	review	VERB
fsr-3148	240	11	23	23	NUM
fsr-3148	240	12	(	(	PUNCT
fsr-3148	240	13	2014	2014	NUM
fsr-3148	240	14	)	)	PUNCT
fsr-3148	240	15	219–237	219–237	NUM
fsr-3148	240	16	financial	financial	ADJ
fsr-3148	240	17	market	market	NOUN
fsr-3148	240	18	.	.	PUNCT
fsr-3148	241	1	we	we	PRON
fsr-3148	241	2	provide	provide	VERB
fsr-3148	241	3	valuation	valuation	NOUN
fsr-3148	241	4	procedures	procedure	NOUN
fsr-3148	241	5	for	for	ADP
fsr-3148	241	6	several	several	ADJ
fsr-3148	241	7	structured	structured	ADJ
fsr-3148	241	8	cd	cd	NOUN
fsr-3148	241	9	types	type	NOUN
fsr-3148	241	10	included	include	VERB
fsr-3148	241	11	in	in	ADP
fsr-3148	241	12	our	our	PRON
fsr-3148	241	13	sample	sample	NOUN
fsr-3148	241	14	and	and	CCONJ
fsr-3148	241	15	value	value	VERB
fsr-3148	241	16	a	a	DET
fsr-3148	241	17	variety	variety	NOUN
fsr-3148	241	18	of	of	ADP
fsr-3148	241	19	products	product	NOUN
fsr-3148	241	20	based	base	VERB
fsr-3148	241	21	upon	upon	SCONJ
fsr-3148	241	22	these	these	DET
fsr-3148	241	23	procedures	procedure	NOUN
fsr-3148	241	24	.	.	PUNCT
fsr-3148	242	1	our	our	PRON
fsr-3148	242	2	primary	primary	ADJ
fsr-3148	242	3	findings	finding	NOUN
fsr-3148	242	4	are	be	AUX
fsr-3148	242	5	that	that	PRON
fsr-3148	242	6	(	(	PUNCT
fsr-3148	242	7	1	1	X
fsr-3148	242	8	)	)	PUNCT
fsr-3148	242	9	structured	structured	ADJ
fsr-3148	242	10	cds	cd	NOUN
fsr-3148	242	11	include	include	VERB
fsr-3148	242	12	payoffs	payoff	NOUN
fsr-3148	242	13	to	to	PART
fsr-3148	242	14	complex	complex	VERB
fsr-3148	242	15	derivative	derivative	ADJ
fsr-3148	242	16	positions	position	NOUN
fsr-3148	242	17	;	;	PUNCT
fsr-3148	242	18	(	(	PUNCT
fsr-3148	242	19	2	2	X
fsr-3148	242	20	)	)	PUNCT
fsr-3148	242	21	structured	structured	ADJ
fsr-3148	242	22	cds	cd	NOUN
fsr-3148	242	23	are	be	AUX
fsr-3148	242	24	worth	worth	ADJ
fsr-3148	242	25	significantly	significantly	ADV
fsr-3148	242	26	less	less	ADJ
fsr-3148	242	27	than	than	ADP
fsr-3148	242	28	their	their	PRON
fsr-3148	242	29	issue	issue	NOUN
fsr-3148	242	30	price	price	NOUN
fsr-3148	242	31	;	;	PUNCT
fsr-3148	242	32	(	(	PUNCT
fsr-3148	242	33	3	3	X
fsr-3148	242	34	)	)	PUNCT
fsr-3148	242	35	this	this	DET
fsr-3148	242	36	mispricing	mispricing	NOUN
fsr-3148	242	37	is	be	AUX
fsr-3148	242	38	present	present	ADJ
fsr-3148	242	39	across	across	ADP
fsr-3148	242	40	product	product	NOUN
fsr-3148	242	41	types	type	NOUN
fsr-3148	242	42	and	and	CCONJ
fsr-3148	242	43	issuers	issuer	NOUN
fsr-3148	242	44	;	;	PUNCT
fsr-3148	242	45	(	(	PUNCT
fsr-3148	242	46	4	4	X
fsr-3148	242	47	)	)	PUNCT
fsr-3148	242	48	the	the	DET
fsr-3148	242	49	crediting	crediting	NOUN
fsr-3148	242	50	formulas	formula	NOUN
fsr-3148	242	51	in	in	ADP
fsr-3148	242	52	structured	structured	ADJ
fsr-3148	242	53	cds	cd	NOUN
fsr-3148	242	54	have	have	VERB
fsr-3148	242	55	a	a	DET
fsr-3148	242	56	high	high	ADJ
fsr-3148	242	57	probability	probability	NOUN
fsr-3148	242	58	of	of	ADP
fsr-3148	242	59	crediting	credit	VERB
fsr-3148	242	60	the	the	DET
fsr-3148	242	61	minimum	minimum	ADJ
fsr-3148	242	62	return	return	NOUN
fsr-3148	242	63	;	;	PUNCT
fsr-3148	242	64	and	and	CCONJ
fsr-3148	242	65	(	(	PUNCT
fsr-3148	242	66	5	5	X
fsr-3148	242	67	)	)	PUNCT
fsr-3148	242	68	the	the	DET
fsr-3148	242	69	death	death	NOUN
fsr-3148	242	70	put	put	NOUN
fsr-3148	242	71	can	can	AUX
fsr-3148	242	72	be	be	AUX
fsr-3148	242	73	of	of	ADP
fsr-3148	242	74	positive	positive	ADJ
fsr-3148	242	75	or	or	CCONJ
fsr-3148	242	76	negative	negative	ADJ
fsr-3148	242	77	value	value	NOUN
fsr-3148	242	78	to	to	ADP
fsr-3148	242	79	the	the	DET
fsr-3148	242	80	investor	investor	NOUN
fsr-3148	242	81	depending	depend	VERB
fsr-3148	242	82	on	on	ADP
fsr-3148	242	83	product	product	NOUN
fsr-3148	242	84	features	feature	NOUN
fsr-3148	242	85	and	and	CCONJ
fsr-3148	242	86	type	type	NOUN
fsr-3148	242	87	.	.	PUNCT
fsr-3148	243	1	we	we	PRON
fsr-3148	243	2	find	find	VERB
fsr-3148	243	3	that	that	SCONJ
fsr-3148	243	4	most	most	ADJ
fsr-3148	243	5	of	of	ADP
fsr-3148	243	6	the	the	DET
fsr-3148	243	7	apparent	apparent	ADJ
fsr-3148	243	8	benefits	benefit	NOUN
fsr-3148	243	9	of	of	ADP
fsr-3148	243	10	structured	structured	ADJ
fsr-3148	243	11	cds	cd	NOUN
fsr-3148	243	12	are	be	AUX
fsr-3148	243	13	illusory	illusory	ADJ
fsr-3148	243	14	and	and	CCONJ
fsr-3148	243	15	overwhelmed	overwhelmed	ADJ
fsr-3148	243	16	by	by	ADP
fsr-3148	243	17	their	their	PRON
fsr-3148	243	18	inherent	inherent	ADJ
fsr-3148	243	19	risks	risk	NOUN
fsr-3148	243	20	and	and	CCONJ
fsr-3148	243	21	embedded	embed	VERB
fsr-3148	243	22	fees	fee	NOUN
fsr-3148	243	23	.	.	PUNCT
fsr-3148	244	1	each	each	PRON
fsr-3148	244	2	of	of	ADP
fsr-3148	244	3	these	these	DET
fsr-3148	244	4	results	result	NOUN
fsr-3148	244	5	has	have	VERB
fsr-3148	244	6	important	important	ADJ
fsr-3148	244	7	implications	implication	NOUN
fsr-3148	244	8	for	for	ADP
fsr-3148	244	9	individual	individual	ADJ
fsr-3148	244	10	investors	investor	NOUN
fsr-3148	244	11	and	and	CCONJ
fsr-3148	244	12	financial	financial	ADJ
fsr-3148	244	13	advisors	advisor	NOUN
fsr-3148	244	14	.	.	PUNCT
fsr-3148	245	1	to	to	ADP
fsr-3148	245	2	our	our	PRON
fsr-3148	245	3	knowledge	knowledge	NOUN
fsr-3148	245	4	,	,	PUNCT
fsr-3148	245	5	our	our	PRON
fsr-3148	245	6	study	study	NOUN
fsr-3148	245	7	is	be	AUX
fsr-3148	245	8	the	the	DET
fsr-3148	245	9	first	first	ADJ
fsr-3148	245	10	to	to	PART
fsr-3148	245	11	examine	examine	VERB
fsr-3148	245	12	the	the	DET
fsr-3148	245	13	structured	structured	ADJ
fsr-3148	245	14	cds	cd	NOUN
fsr-3148	245	15	market	market	NOUN
fsr-3148	245	16	in	in	ADP
fsr-3148	245	17	detail	detail	NOUN
fsr-3148	245	18	,	,	PUNCT
fsr-3148	245	19	but	but	CCONJ
fsr-3148	245	20	is	be	AUX
fsr-3148	245	21	limited	limit	VERB
fsr-3148	245	22	by	by	ADP
fsr-3148	245	23	the	the	DET
fsr-3148	245	24	few	few	ADJ
fsr-3148	245	25	publicly	publicly	ADV
fsr-3148	245	26	available	available	ADJ
fsr-3148	245	27	sources	source	NOUN
fsr-3148	245	28	for	for	ADP
fsr-3148	245	29	offering	offer	VERB
fsr-3148	245	30	documents	document	NOUN
fsr-3148	245	31	.	.	PUNCT
fsr-3148	246	1	in	in	ADP
fsr-3148	246	2	addition	addition	NOUN
fsr-3148	246	3	,	,	PUNCT
fsr-3148	246	4	there	there	PRON
fsr-3148	246	5	are	be	VERB
fsr-3148	246	6	a	a	DET
fsr-3148	246	7	significant	significant	ADJ
fsr-3148	246	8	number	number	NOUN
fsr-3148	246	9	of	of	ADP
fsr-3148	246	10	products	product	NOUN
fsr-3148	246	11	(	(	PUNCT
fsr-3148	246	12	even	even	ADV
fsr-3148	246	13	in	in	ADP
fsr-3148	246	14	our	our	PRON
fsr-3148	246	15	limited	limited	ADJ
fsr-3148	246	16	sample	sample	NOUN
fsr-3148	246	17	)	)	PUNCT
fsr-3148	246	18	that	that	PRON
fsr-3148	246	19	reference	reference	NOUN
fsr-3148	246	20	proprietary	proprietary	ADJ
fsr-3148	246	21	indexes	index	NOUN
fsr-3148	246	22	for	for	ADP
fsr-3148	246	23	which	which	PRON
fsr-3148	246	24	there	there	PRON
fsr-3148	246	25	is	be	VERB
fsr-3148	246	26	little	little	ADJ
fsr-3148	246	27	or	or	CCONJ
fsr-3148	246	28	no	no	PRON
fsr-3148	246	29	market	market	NOUN
fsr-3148	246	30	data	datum	NOUN
fsr-3148	246	31	.	.	PUNCT
fsr-3148	247	1	this	this	PRON
fsr-3148	247	2	could	could	AUX
fsr-3148	247	3	represent	represent	VERB
fsr-3148	247	4	an	an	DET
fsr-3148	247	5	information	information	NOUN
fsr-3148	247	6	asymmetry	asymmetry	NOUN
fsr-3148	247	7	or	or	CCONJ
fsr-3148	247	8	conflict	conflict	NOUN
fsr-3148	247	9	of	of	ADP
fsr-3148	247	10	interest	interest	NOUN
fsr-3148	247	11	between	between	ADP
fsr-3148	247	12	investors	investor	NOUN
fsr-3148	247	13	and	and	CCONJ
fsr-3148	247	14	issuers	issuer	NOUN
fsr-3148	247	15	of	of	ADP
fsr-3148	247	16	these	these	DET
fsr-3148	247	17	cds	cd	NOUN
fsr-3148	247	18	.	.	PUNCT
fsr-3148	248	1	we	we	PRON
fsr-3148	248	2	have	have	AUX
fsr-3148	248	3	also	also	ADV
fsr-3148	248	4	noticed	notice	VERB
fsr-3148	248	5	a	a	DET
fsr-3148	248	6	variety	variety	NOUN
fsr-3148	248	7	of	of	ADP
fsr-3148	248	8	“	"	PUNCT
fsr-3148	248	9	exotic	exotic	ADJ
fsr-3148	248	10	”	"	PUNCT
fsr-3148	248	11	structured	structured	ADJ
fsr-3148	248	12	cds	cd	NOUN
fsr-3148	248	13	that	that	PRON
fsr-3148	248	14	have	have	VERB
fsr-3148	248	15	extremely	extremely	ADV
fsr-3148	248	16	complex	complex	ADJ
fsr-3148	248	17	payout	payout	NOUN
fsr-3148	248	18	formulas	formula	NOUN
fsr-3148	248	19	and	and	CCONJ
fsr-3148	248	20	terms	term	NOUN
fsr-3148	248	21	as	as	ADV
fsr-3148	248	22	long	long	ADV
fsr-3148	248	23	as	as	ADP
fsr-3148	248	24	15	15	NUM
fsr-3148	248	25	years	year	NOUN
fsr-3148	248	26	.	.	PUNCT
fsr-3148	249	1	these	these	PRON
fsr-3148	249	2	may	may	AUX
fsr-3148	249	3	be	be	AUX
fsr-3148	249	4	fruitful	fruitful	ADJ
fsr-3148	249	5	topics	topic	NOUN
fsr-3148	249	6	for	for	ADP
fsr-3148	249	7	further	further	ADJ
fsr-3148	249	8	research	research	NOUN
fsr-3148	249	9	.	.	PUNCT
fsr-3148	250	1	because	because	SCONJ
fsr-3148	250	2	the	the	DET
fsr-3148	250	3	structured	structured	ADJ
fsr-3148	250	4	cd	cd	NOUN
fsr-3148	250	5	market	market	NOUN
fsr-3148	250	6	is	be	AUX
fsr-3148	250	7	entirely	entirely	ADV
fsr-3148	250	8	over	over	ADP
fsr-3148	250	9	-	-	PUNCT
fsr-3148	250	10	the	the	DET
fsr-3148	250	11	-	-	PUNCT
fsr-3148	250	12	counter	counter	NOUN
fsr-3148	250	13	,	,	PUNCT
fsr-3148	250	14	customers	customer	NOUN
fsr-3148	250	15	may	may	AUX
fsr-3148	250	16	not	not	PART
fsr-3148	250	17	be	be	AUX
fsr-3148	250	18	able	able	ADJ
fsr-3148	250	19	to	to	PART
fsr-3148	250	20	compare	compare	VERB
fsr-3148	250	21	different	different	ADJ
fsr-3148	250	22	offerings	offering	NOUN
fsr-3148	250	23	and	and	CCONJ
fsr-3148	250	24	make	make	VERB
fsr-3148	250	25	informed	informed	ADJ
fsr-3148	250	26	decisions	decision	NOUN
fsr-3148	250	27	about	about	ADP
fsr-3148	250	28	the	the	DET
fsr-3148	250	29	relative	relative	ADJ
fsr-3148	250	30	value	value	NOUN
fsr-3148	250	31	of	of	ADP
fsr-3148	250	32	a	a	DET
fsr-3148	250	33	particular	particular	ADJ
fsr-3148	250	34	structured	structured	ADJ
fsr-3148	250	35	cd	cd	PROPN
fsr-3148	250	36	,	,	PUNCT
fsr-3148	250	37	even	even	ADV
fsr-3148	250	38	with	with	ADP
fsr-3148	250	39	information	information	NOUN
fsr-3148	250	40	such	such	ADJ
fsr-3148	250	41	as	as	ADP
fsr-3148	250	42	“	"	PUNCT
fsr-3148	250	43	comparable	comparable	ADJ
fsr-3148	250	44	yields	yield	NOUN
fsr-3148	250	45	”	"	PUNCT
fsr-3148	250	46	or	or	CCONJ
fsr-3148	250	47	original	original	ADJ
fsr-3148	250	48	issuer	issuer	NOUN
fsr-3148	250	49	discounts	discount	NOUN
fsr-3148	250	50	.	.	PUNCT
fsr-3148	251	1	structured	structured	ADJ
fsr-3148	251	2	cds	cd	NOUN
fsr-3148	251	3	can	can	AUX
fsr-3148	251	4	be	be	AUX
fsr-3148	251	5	extremely	extremely	ADV
fsr-3148	251	6	complex	complex	ADJ
fsr-3148	251	7	investments	investment	NOUN
fsr-3148	251	8	and	and	CCONJ
fsr-3148	251	9	,	,	PUNCT
fsr-3148	251	10	in	in	ADP
fsr-3148	251	11	many	many	ADJ
fsr-3148	251	12	ways	way	NOUN
fsr-3148	251	13	,	,	PUNCT
fsr-3148	251	14	are	be	AUX
fsr-3148	251	15	just	just	ADV
fsr-3148	251	16	as	as	ADV
fsr-3148	251	17	complex	complex	ADJ
fsr-3148	251	18	as	as	ADP
fsr-3148	251	19	structured	structured	ADJ
fsr-3148	251	20	products	product	NOUN
fsr-3148	251	21	,	,	PUNCT
fsr-3148	251	22	which	which	PRON
fsr-3148	251	23	are	be	AUX
fsr-3148	251	24	regulated	regulate	VERB
fsr-3148	251	25	much	much	ADV
fsr-3148	251	26	more	more	ADV
fsr-3148	251	27	stringently	stringently	ADV
fsr-3148	251	28	and	and	CCONJ
fsr-3148	251	29	do	do	AUX
fsr-3148	251	30	not	not	PART
fsr-3148	251	31	enjoy	enjoy	VERB
fsr-3148	251	32	fdic	fdic	ADJ
fsr-3148	251	33	.	.	PUNCT
fsr-3148	252	1	we	we	PRON
fsr-3148	252	2	think	think	VERB
fsr-3148	252	3	it	it	PRON
fsr-3148	252	4	worth	worth	ADJ
fsr-3148	252	5	careful	careful	ADJ
fsr-3148	252	6	consideration	consideration	NOUN
fsr-3148	252	7	whether	whether	SCONJ
fsr-3148	252	8	such	such	ADJ
fsr-3148	252	9	products	product	NOUN
fsr-3148	252	10	should	should	AUX
fsr-3148	252	11	be	be	AUX
fsr-3148	252	12	sold	sell	VERB
fsr-3148	252	13	to	to	ADP
fsr-3148	252	14	retail	retail	ADJ
fsr-3148	252	15	investors	investor	NOUN
fsr-3148	252	16	,	,	PUNCT
fsr-3148	252	17	especially	especially	ADV
fsr-3148	252	18	in	in	ADP
fsr-3148	252	19	an	an	DET
fsr-3148	252	20	unregulated	unregulated	ADJ
fsr-3148	252	21	setting	setting	NOUN
fsr-3148	252	22	.	.	PUNCT
fsr-3148	253	1	until	until	SCONJ
fsr-3148	253	2	the	the	DET
fsr-3148	253	3	regulatory	regulatory	ADJ
fsr-3148	253	4	framework	framework	NOUN
fsr-3148	253	5	for	for	ADP
fsr-3148	253	6	structured	structured	ADJ
fsr-3148	253	7	cds	cd	NOUN
fsr-3148	253	8	becomes	become	VERB
fsr-3148	253	9	clear	clear	ADJ
fsr-3148	253	10	,	,	PUNCT
fsr-3148	253	11	financial	financial	ADJ
fsr-3148	253	12	advisors	advisor	NOUN
fsr-3148	253	13	can	can	AUX
fsr-3148	253	14	help	help	VERB
fsr-3148	253	15	fill	fill	VERB
fsr-3148	253	16	this	this	DET
fsr-3148	253	17	information	information	NOUN
fsr-3148	253	18	gap	gap	NOUN
fsr-3148	253	19	between	between	ADP
fsr-3148	253	20	issuers	issuer	NOUN
fsr-3148	253	21	and	and	CCONJ
fsr-3148	253	22	individual	individual	ADJ
fsr-3148	253	23	investors	investor	NOUN
fsr-3148	253	24	.	.	PUNCT
fsr-3148	254	1	in	in	ADP
fsr-3148	254	2	particular	particular	ADJ
fsr-3148	254	3	,	,	PUNCT
fsr-3148	254	4	investors	investor	NOUN
fsr-3148	254	5	must	must	AUX
fsr-3148	254	6	appreciate	appreciate	VERB
fsr-3148	254	7	the	the	DET
fsr-3148	254	8	often	often	ADV
fsr-3148	254	9	limited	limit	VERB
fsr-3148	254	10	nature	nature	NOUN
fsr-3148	254	11	of	of	ADP
fsr-3148	254	12	the	the	DET
fsr-3148	254	13	market	market	NOUN
fsr-3148	254	14	-	-	PUNCT
fsr-3148	254	15	linked	link	VERB
fsr-3148	254	16	exposure	exposure	NOUN
fsr-3148	254	17	,	,	PUNCT
fsr-3148	254	18	the	the	DET
fsr-3148	254	19	significance	significance	NOUN
fsr-3148	254	20	of	of	ADP
fsr-3148	254	21	fdic	fdic	ADJ
fsr-3148	254	22	insurance	insurance	NOUN
fsr-3148	254	23	,	,	PUNCT
fsr-3148	254	24	and	and	CCONJ
fsr-3148	254	25	the	the	DET
fsr-3148	254	26	potential	potential	NOUN
fsr-3148	254	27	for	for	ADP
fsr-3148	254	28	significant	significant	ADJ
fsr-3148	254	29	mispricing	mispricing	NOUN
fsr-3148	254	30	.	.	PUNCT
fsr-3148	255	1	these	these	DET
fsr-3148	255	2	issues	issue	NOUN
fsr-3148	255	3	are	be	AUX
fsr-3148	255	4	likely	likely	ADJ
fsr-3148	255	5	to	to	PART
fsr-3148	255	6	be	be	AUX
fsr-3148	255	7	the	the	DET
fsr-3148	255	8	subject	subject	NOUN
fsr-3148	255	9	of	of	ADP
fsr-3148	255	10	continued	continued	ADJ
fsr-3148	255	11	debate	debate	NOUN
fsr-3148	255	12	as	as	SCONJ
fsr-3148	255	13	the	the	DET
fsr-3148	255	14	market	market	NOUN
fsr-3148	255	15	for	for	ADP
fsr-3148	255	16	structured	structured	ADJ
fsr-3148	255	17	cds	cd	NOUN
fsr-3148	255	18	continues	continue	VERB
fsr-3148	255	19	to	to	PART
fsr-3148	255	20	expand	expand	VERB
fsr-3148	255	21	and	and	CCONJ
fsr-3148	255	22	evolve	evolve	VERB
fsr-3148	255	23	.	.	PUNCT
fsr-3148	256	1	notes	note	NOUN
fsr-3148	256	2	1	1	NUM
fsr-3148	256	3	see	see	VERB
fsr-3148	256	4	bloomberg	bloomberg	PROPN
fsr-3148	256	5	structured	structure	VERB
fsr-3148	256	6	notes	note	NOUN
fsr-3148	256	7	brief	brief	ADJ
fsr-3148	256	8	(	(	PUNCT
fsr-3148	256	9	2011a	2011a	NUM
fsr-3148	256	10	)	)	PUNCT
fsr-3148	256	11	,	,	PUNCT
fsr-3148	256	12	bloomberg	bloomberg	PROPN
fsr-3148	256	13	structured	structure	VERB
fsr-3148	256	14	notes	note	NOUN
fsr-3148	256	15	brief	brief	ADJ
fsr-3148	256	16	(	(	PUNCT
fsr-3148	256	17	2011c	2011c	NUM
fsr-3148	256	18	)	)	PUNCT
fsr-3148	256	19	,	,	PUNCT
fsr-3148	256	20	bloomberg	bloomberg	PROPN
fsr-3148	256	21	structured	structure	VERB
fsr-3148	256	22	notes	note	NOUN
fsr-3148	256	23	brief	brief	ADJ
fsr-3148	256	24	(	(	PUNCT
fsr-3148	256	25	2011d	2011d	NUM
fsr-3148	256	26	)	)	PUNCT
fsr-3148	256	27	,	,	PUNCT
fsr-3148	256	28	and	and	CCONJ
fsr-3148	256	29	bloomberg	bloomberg	PROPN
fsr-3148	256	30	structured	structure	VERB
fsr-3148	256	31	notes	note	NOUN
fsr-3148	256	32	brief	brief	ADJ
fsr-3148	256	33	(	(	PUNCT
fsr-3148	256	34	2011e	2011e	NUM
fsr-3148	256	35	)	)	PUNCT
fsr-3148	256	36	.	.	PUNCT
fsr-3148	257	1	2	2	NUM
fsr-3148	257	2	see	see	VERB
fsr-3148	257	3	bloomberg	bloomberg	PROPN
fsr-3148	257	4	structured	structure	VERB
fsr-3148	257	5	notes	note	NOUN
fsr-3148	257	6	brief	brief	ADJ
fsr-3148	257	7	(	(	PUNCT
fsr-3148	257	8	2011b	2011b	NUM
fsr-3148	257	9	)	)	PUNCT
fsr-3148	257	10	.	.	PUNCT
fsr-3148	258	1	3	3	NUM
fsr-3148	258	2	regulation	regulation	NOUN
fsr-3148	258	3	of	of	ADP
fsr-3148	258	4	retail	retail	ADJ
fsr-3148	258	5	structured	structured	ADJ
fsr-3148	258	6	products	product	NOUN
fsr-3148	258	7	,	,	PUNCT
fsr-3148	258	8	international	international	ADJ
fsr-3148	258	9	organization	organization	NOUN
fsr-3148	258	10	of	of	ADP
fsr-3148	258	11	securities	security	NOUN
fsr-3148	258	12	commissions	commission	NOUN
fsr-3148	258	13	,	,	PUNCT
fsr-3148	258	14	april	april	PROPN
fsr-3148	258	15	2013	2013	NUM
fsr-3148	258	16	.	.	PUNCT
fsr-3148	259	1	4	4	NUM
fsr-3148	259	2	see	see	VERB
fsr-3148	259	3	for	for	ADP
fsr-3148	259	4	example	example	NOUN
fsr-3148	259	5	henderson	henderson	PROPN
fsr-3148	259	6	and	and	CCONJ
fsr-3148	259	7	pearson	pearson	PROPN
fsr-3148	259	8	(	(	PUNCT
fsr-3148	259	9	2010	2010	NUM
fsr-3148	259	10	)	)	PUNCT
fsr-3148	259	11	,	,	PUNCT
fsr-3148	259	12	deng	deng	PROPN
fsr-3148	259	13	et	et	PROPN
fsr-3148	259	14	al	al	PROPN
fsr-3148	259	15	.	.	PROPN
fsr-3148	260	1	(	(	PUNCT
fsr-3148	260	2	2010	2010	NUM
fsr-3148	260	3	)	)	PUNCT
fsr-3148	260	4	,	,	PUNCT
fsr-3148	260	5	deng	deng	PROPN
fsr-3148	260	6	et	et	PROPN
fsr-3148	260	7	al	al	PROPN
fsr-3148	260	8	.	.	PROPN
fsr-3148	260	9	(	(	PUNCT
fsr-3148	260	10	2011b	2011b	NUM
fsr-3148	260	11	)	)	PUNCT
fsr-3148	260	12	,	,	PUNCT
fsr-3148	260	13	deng	deng	PROPN
fsr-3148	260	14	et	et	PROPN
fsr-3148	260	15	al	al	PROPN
fsr-3148	260	16	.	.	PROPN
fsr-3148	260	17	(	(	PUNCT
fsr-3148	260	18	2011a	2011a	NUM
fsr-3148	260	19	)	)	PUNCT
fsr-3148	260	20	,	,	PUNCT
fsr-3148	260	21	and	and	CCONJ
fsr-3148	260	22	deng	deng	PROPN
fsr-3148	260	23	et	et	PROPN
fsr-3148	260	24	al	al	PROPN
fsr-3148	260	25	.	.	PROPN
fsr-3148	261	1	(	(	PUNCT
fsr-3148	261	2	2012	2012	NUM
fsr-3148	261	3	)	)	PUNCT
fsr-3148	261	4	.	.	PUNCT
fsr-3148	262	1	5	5	NUM
fsr-3148	262	2	the	the	DET
fsr-3148	262	3	authors	author	NOUN
fsr-3148	262	4	advocate	advocate	VERB
fsr-3148	262	5	the	the	DET
fsr-3148	262	6	use	use	NOUN
fsr-3148	262	7	of	of	ADP
fsr-3148	262	8	the	the	DET
fsr-3148	262	9	underlying	underlie	VERB
fsr-3148	262	10	asset	asset	NOUN
fsr-3148	262	11	and	and	CCONJ
fsr-3148	262	12	futures	future	NOUN
fsr-3148	262	13	contracts	contract	NOUN
fsr-3148	262	14	to	to	PART
fsr-3148	262	15	“	"	PUNCT
fsr-3148	262	16	dynamically	dynamically	ADV
fsr-3148	262	17	hedge	hedge	VERB
fsr-3148	262	18	”	"	PUNCT
fsr-3148	262	19	the	the	DET
fsr-3148	262	20	position	position	NOUN
fsr-3148	262	21	because	because	SCONJ
fsr-3148	262	22	of	of	ADP
fsr-3148	262	23	high	high	ADJ
fsr-3148	262	24	liquidity	liquidity	NOUN
fsr-3148	262	25	and	and	CCONJ
fsr-3148	262	26	low	low	ADJ
fsr-3148	262	27	transaction	transaction	NOUN
fsr-3148	262	28	costs	cost	NOUN
fsr-3148	262	29	.	.	PUNCT
fsr-3148	263	1	6	6	NUM
fsr-3148	263	2	retrieved	retrieve	VERB
fsr-3148	263	3	from	from	ADP
fsr-3148	263	4	http://www.sec.gov/answers/equitylinkedcds.html	http://www.sec.gov/answers/equitylinkedcds.html	PROPN
fsr-3148	263	5	.	.	PUNCT
fsr-3148	264	1	234	234	NUM
fsr-3148	264	2	g.	g.	PROPN
fsr-3148	264	3	deng	deng	PROPN
fsr-3148	264	4	et	et	PROPN
fsr-3148	264	5	al	al	PROPN
fsr-3148	264	6	.	.	PUNCT
fsr-3148	264	7	/	/	SYM
fsr-3148	264	8	financial	financial	ADJ
fsr-3148	264	9	services	service	NOUN
fsr-3148	264	10	review	review	VERB
fsr-3148	264	11	23	23	NUM
fsr-3148	264	12	(	(	PUNCT
fsr-3148	264	13	2014	2014	NUM
fsr-3148	264	14	)	)	PUNCT
fsr-3148	264	15	219–237	219–237	NUM
fsr-3148	264	16	7	7	NUM
fsr-3148	264	17	see	see	VERB
fsr-3148	264	18	robinson	robinson	PROPN
fsr-3148	264	19	(	(	PUNCT
fsr-3148	264	20	2012	2012	NUM
fsr-3148	264	21	)	)	PUNCT
fsr-3148	264	22	.	.	PUNCT
fsr-3148	265	1	8	8	NUM
fsr-3148	265	2	retrieved	retrieve	VERB
fsr-3148	265	3	from	from	ADP
fsr-3148	265	4	http://www.fdic.gov/consumers/consumer/news/cnspr12/market	http://www.fdic.gov/consumers/consumer/news/cnspr12/market	NOUN
fsr-3148	265	5	linkedcds.html	linkedcds.html	NOUN
fsr-3148	265	6	.	.	PROPN
fsr-3148	265	7	9	9	NUM
fsr-3148	265	8	nyse	nyse	PROPN
fsr-3148	265	9	information	information	PROPN
fsr-3148	265	10	memos	memos	PROPN
fsr-3148	265	11	no	no	INTJ
fsr-3148	265	12	.	.	PROPN
fsr-3148	265	13	06	06	NUM
fsr-3148	265	14	-	-	SYM
fsr-3148	265	15	12	12	NUM
fsr-3148	265	16	,	,	PUNCT
fsr-3148	265	17	march	march	PROPN
fsr-3148	265	18	17	17	NUM
fsr-3148	265	19	,	,	PUNCT
fsr-3148	265	20	2006	2006	NUM
fsr-3148	265	21	.	.	PUNCT
fsr-3148	266	1	10	10	NUM
fsr-3148	266	2	this	this	DET
fsr-3148	266	3	sample	sample	NOUN
fsr-3148	266	4	was	be	AUX
fsr-3148	266	5	collected	collect	VERB
fsr-3148	266	6	mainly	mainly	ADV
fsr-3148	266	7	from	from	ADP
fsr-3148	266	8	bloomberg	bloomberg	PROPN
fsr-3148	266	9	using	use	VERB
fsr-3148	266	10	the	the	DET
fsr-3148	266	11	srch	srch	ADJ
fsr-3148	266	12	function	function	NOUN
fsr-3148	266	13	,	,	PUNCT
fsr-3148	266	14	performed	perform	VERB
fsr-3148	266	15	on	on	ADP
fsr-3148	266	16	march	march	PROPN
fsr-3148	266	17	13	13	NUM
fsr-3148	266	18	,	,	PUNCT
fsr-3148	266	19	2013	2013	NUM
fsr-3148	266	20	.	.	PUNCT
fsr-3148	267	1	the	the	DET
fsr-3148	267	2	sample	sample	NOUN
fsr-3148	267	3	was	be	AUX
fsr-3148	267	4	augmented	augment	VERB
fsr-3148	267	5	with	with	ADP
fsr-3148	267	6	additional	additional	ADJ
fsr-3148	267	7	structured	structured	ADJ
fsr-3148	267	8	cds	cd	NOUN
fsr-3148	267	9	found	find	VERB
fsr-3148	267	10	from	from	ADP
fsr-3148	267	11	other	other	ADJ
fsr-3148	267	12	publicly	publicly	ADV
fsr-3148	267	13	available	available	ADJ
fsr-3148	267	14	sources	source	NOUN
fsr-3148	267	15	.	.	PUNCT
fsr-3148	268	1	11	11	NUM
fsr-3148	268	2	we	we	PRON
fsr-3148	268	3	include	include	VERB
fsr-3148	268	4	wachovia	wachovia	PROPN
fsr-3148	268	5	structured	structure	VERB
fsr-3148	268	6	cds	cd	NOUN
fsr-3148	268	7	in	in	ADP
fsr-3148	268	8	the	the	DET
fsr-3148	268	9	statistics	statistic	NOUN
fsr-3148	268	10	of	of	ADP
fsr-3148	268	11	structured	structured	ADJ
fsr-3148	268	12	cds	cd	NOUN
fsr-3148	268	13	issued	issue	VERB
fsr-3148	268	14	by	by	ADP
fsr-3148	268	15	wells	wells	PROPN
fsr-3148	268	16	fargo	fargo	PROPN
fsr-3148	268	17	.	.	PUNCT
fsr-3148	269	1	12	12	NUM
fsr-3148	269	2	according	accord	VERB
fsr-3148	269	3	to	to	ADP
fsr-3148	269	4	a	a	DET
fsr-3148	269	5	july	july	PROPN
fsr-3148	269	6	2012	2012	NUM
fsr-3148	269	7	strategy	strategy	NOUN
fsr-3148	269	8	guide	guide	NOUN
fsr-3148	269	9	,	,	PUNCT
fsr-3148	269	10	the	the	DET
fsr-3148	269	11	jpmorgan	jpmorgan	PROPN
fsr-3148	269	12	etf	etf	PROPN
fsr-3148	269	13	efficiente	efficiente	PROPN
fsr-3148	269	14	5	5	NUM
fsr-3148	269	15	index	index	NOUN
fsr-3148	269	16	represents	represent	VERB
fsr-3148	269	17	the	the	DET
fsr-3148	269	18	returns	return	NOUN
fsr-3148	269	19	to	to	ADP
fsr-3148	269	20	a	a	DET
fsr-3148	269	21	basket	basket	NOUN
fsr-3148	269	22	of	of	ADP
fsr-3148	269	23	twelve	twelve	NUM
fsr-3148	269	24	exchange	exchange	NOUN
fsr-3148	269	25	traded	trade	VERB
fsr-3148	269	26	funds	fund	NOUN
fsr-3148	269	27	(	(	PUNCT
fsr-3148	269	28	etfs	etfs	PROPN
fsr-3148	269	29	)	)	PUNCT
fsr-3148	269	30	that	that	PRON
fsr-3148	269	31	are	be	AUX
fsr-3148	269	32	rebalanced	rebalance	VERB
fsr-3148	269	33	each	each	DET
fsr-3148	269	34	month	month	NOUN
fsr-3148	269	35	to	to	PART
fsr-3148	269	36	reflect	reflect	VERB
fsr-3148	269	37	the	the	DET
fsr-3148	269	38	allocation	allocation	NOUN
fsr-3148	269	39	that	that	PRON
fsr-3148	269	40	maximizes	maximize	VERB
fsr-3148	269	41	return	return	VERB
fsr-3148	269	42	for	for	ADP
fsr-3148	269	43	a	a	DET
fsr-3148	269	44	given	give	VERB
fsr-3148	269	45	level	level	NOUN
fsr-3148	269	46	of	of	ADP
fsr-3148	269	47	volatility	volatility	NOUN
fsr-3148	269	48	based	base	VERB
fsr-3148	269	49	on	on	ADP
fsr-3148	269	50	the	the	DET
fsr-3148	269	51	previous	previous	ADJ
fsr-3148	269	52	six	six	NUM
fsr-3148	269	53	months	month	NOUN
fsr-3148	269	54	of	of	ADP
fsr-3148	269	55	historical	historical	ADJ
fsr-3148	269	56	data	datum	NOUN
fsr-3148	269	57	.	.	PUNCT
fsr-3148	270	1	according	accord	VERB
fsr-3148	270	2	to	to	ADP
fsr-3148	270	3	a	a	DET
fsr-3148	270	4	september	september	PROPN
fsr-3148	270	5	2009	2009	NUM
fsr-3148	270	6	strategy	strategy	NOUN
fsr-3148	270	7	guide	guide	NOUN
fsr-3148	270	8	,	,	PUNCT
fsr-3148	270	9	the	the	DET
fsr-3148	270	10	jpmorgan	jpmorgan	PROPN
fsr-3148	270	11	optimax	optimax	PROPN
fsr-3148	270	12	market	market	NOUN
fsr-3148	270	13	-	-	PUNCT
fsr-3148	270	14	neutral	neutral	ADJ
fsr-3148	270	15	index	index	NOUN
fsr-3148	270	16	represents	represent	VERB
fsr-3148	270	17	the	the	DET
fsr-3148	270	18	returns	return	NOUN
fsr-3148	270	19	to	to	ADP
fsr-3148	270	20	a	a	DET
fsr-3148	270	21	basket	basket	NOUN
fsr-3148	270	22	of	of	ADP
fsr-3148	270	23	18	18	NUM
fsr-3148	270	24	to	to	PART
fsr-3148	270	25	24	24	NUM
fsr-3148	270	26	commodity	commodity	NOUN
fsr-3148	270	27	indexes	index	NOUN
fsr-3148	270	28	(	(	PUNCT
fsr-3148	270	29	sub	sub	NOUN
fsr-3148	270	30	-	-	NOUN
fsr-3148	270	31	indices	index	NOUN
fsr-3148	270	32	of	of	ADP
fsr-3148	270	33	the	the	DET
fsr-3148	270	34	s&p	s&p	PROPN
fsr-3148	270	35	gsci	gsci	NOUN
fsr-3148	270	36	)	)	PUNCT
fsr-3148	270	37	.	.	PUNCT
fsr-3148	271	1	the	the	DET
fsr-3148	271	2	allocation	allocation	NOUN
fsr-3148	271	3	to	to	ADP
fsr-3148	271	4	each	each	DET
fsr-3148	271	5	commodity	commodity	NOUN
fsr-3148	271	6	is	be	AUX
fsr-3148	271	7	selected	select	VERB
fsr-3148	271	8	by	by	ADP
fsr-3148	271	9	a	a	DET
fsr-3148	271	10	proprietary	proprietary	ADJ
fsr-3148	271	11	algorithm	algorithm	NOUN
fsr-3148	271	12	that	that	PRON
fsr-3148	271	13	is	be	AUX
fsr-3148	271	14	“	"	PUNCT
fsr-3148	271	15	based	base	VERB
fsr-3148	271	16	on	on	ADP
fsr-3148	271	17	modern	modern	ADJ
fsr-3148	271	18	portfolio	portfolio	NOUN
fsr-3148	271	19	theory	theory	NOUN
fsr-3148	271	20	and	and	CCONJ
fsr-3148	271	21	momentum	momentum	NOUN
fsr-3148	271	22	theory	theory	NOUN
fsr-3148	271	23	.	.	PUNCT
fsr-3148	271	24	”	"	PUNCT
fsr-3148	272	1	13	13	NUM
fsr-3148	272	2	wells	wells	PROPN
fsr-3148	272	3	fargo	fargo	PROPN
fsr-3148	272	4	securities	securities	PROPN
fsr-3148	272	5	,	,	PUNCT
fsr-3148	272	6	market	market	NOUN
fsr-3148	272	7	linked	link	VERB
fsr-3148	272	8	certificates	certificate	NOUN
fsr-3148	272	9	of	of	ADP
fsr-3148	272	10	deposit	deposit	NOUN
fsr-3148	272	11	,	,	PUNCT
fsr-3148	272	12	accessed	access	VERB
fsr-3148	272	13	july	july	PROPN
fsr-3148	272	14	2	2	NUM
fsr-3148	272	15	,	,	PUNCT
fsr-3148	272	16	2013	2013	NUM
fsr-3148	272	17	.	.	PUNCT
fsr-3148	273	1	14	14	NUM
fsr-3148	273	2	structured	structured	ADJ
fsr-3148	273	3	product	product	NOUN
fsr-3148	273	4	offering	offer	VERB
fsr-3148	273	5	documents	document	NOUN
fsr-3148	273	6	are	be	AUX
fsr-3148	273	7	publically	publically	ADV
fsr-3148	273	8	available	available	ADJ
fsr-3148	273	9	from	from	ADP
fsr-3148	273	10	the	the	DET
fsr-3148	273	11	secs	secs	PROPN
fsr-3148	273	12	edgar	edgar	PROPN
fsr-3148	273	13	database	database	NOUN
fsr-3148	273	14	,	,	PUNCT
fsr-3148	273	15	filed	file	VERB
fsr-3148	273	16	as	as	ADP
fsr-3148	273	17	form	form	NOUN
fsr-3148	273	18	424b2	424b2	NUM
fsr-3148	273	19	.	.	NOUN
fsr-3148	273	20	15	15	NUM
fsr-3148	273	21	retrieved	retrieve	VERB
fsr-3148	273	22	from	from	ADP
fsr-3148	273	23	http://www.investor.gov/investing-basics/investment-products/	http://www.investor.gov/investing-basics/investment-products/	PROPN
fsr-3148	273	24	certificates	certificate	NOUN
fsr-3148	273	25	-	-	PUNCT
fsr-3148	273	26	deposit	deposit	NOUN
fsr-3148	273	27	-	-	PUNCT
fsr-3148	273	28	cds	cd	NOUN
fsr-3148	273	29	.	.	PUNCT
fsr-3148	274	1	16	16	NUM
fsr-3148	274	2	nyse	nyse	PROPN
fsr-3148	274	3	information	information	PROPN
fsr-3148	274	4	memos	memos	PROPN
fsr-3148	274	5	no	no	INTJ
fsr-3148	274	6	.	.	PROPN
fsr-3148	274	7	06	06	NUM
fsr-3148	274	8	-	-	SYM
fsr-3148	274	9	12	12	NUM
fsr-3148	274	10	,	,	PUNCT
fsr-3148	274	11	march	march	PROPN
fsr-3148	274	12	17	17	NUM
fsr-3148	274	13	,	,	PUNCT
fsr-3148	274	14	2006	2006	NUM
fsr-3148	274	15	.	.	PUNCT
fsr-3148	275	1	17	17	NUM
fsr-3148	275	2	fdic	fdic	ADJ
fsr-3148	275	3	rules	rule	NOUN
fsr-3148	275	4	and	and	CCONJ
fsr-3148	275	5	regulations	regulation	NOUN
fsr-3148	275	6	§	§	PROPN
fsr-3148	275	7	337.6	337.6	NUM
fsr-3148	275	8	.	.	NOUN
fsr-3148	275	9	18	18	NUM
fsr-3148	275	10	retrieved	retrieve	VERB
fsr-3148	275	11	from	from	ADP
fsr-3148	275	12	http://www.fdic.gov/regulations/resources/rates/index.html	http://www.fdic.gov/regulations/resources/rates/index.html	NOUN
fsr-3148	275	13	.	.	PUNCT
fsr-3148	276	1	19	19	NUM
fsr-3148	276	2	the	the	DET
fsr-3148	276	3	difference	difference	NOUN
fsr-3148	276	4	between	between	ADP
fsr-3148	276	5	the	the	DET
fsr-3148	276	6	rates	rate	NOUN
fsr-3148	276	7	for	for	ADP
fsr-3148	276	8	jumbo	jumbo	NOUN
fsr-3148	276	9	and	and	CCONJ
fsr-3148	276	10	non	non	ADJ
fsr-3148	276	11	-	-	ADJ
fsr-3148	276	12	jumbo	jumbo	ADJ
fsr-3148	276	13	five	five	NUM
fsr-3148	276	14	year	year	NOUN
fsr-3148	276	15	cds	cd	NOUN
fsr-3148	276	16	is	be	AUX
fsr-3148	276	17	closer	close	ADJ
fsr-3148	276	18	to	to	ADP
fsr-3148	276	19	eight	eight	NUM
fsr-3148	276	20	basis	basis	NOUN
fsr-3148	276	21	points	point	NOUN
fsr-3148	276	22	according	accord	VERB
fsr-3148	276	23	to	to	ADP
fsr-3148	276	24	bankrate.com	bankrate.com	PROPN
fsr-3148	276	25	data	datum	NOUN
fsr-3148	276	26	.	.	PUNCT
fsr-3148	277	1	20	20	NUM
fsr-3148	277	2	market	market	NOUN
fsr-3148	277	3	-	-	PUNCT
fsr-3148	277	4	linked	link	VERB
fsr-3148	277	5	cds	cd	NOUN
fsr-3148	277	6	:	:	PUNCT
fsr-3148	277	7	do	do	AUX
fsr-3148	277	8	n’t	not	PART
fsr-3148	277	9	let	let	VERB
fsr-3148	277	10	the	the	DET
fsr-3148	277	11	possibility	possibility	NOUN
fsr-3148	277	12	of	of	ADP
fsr-3148	277	13	higher	high	ADJ
fsr-3148	277	14	returns	return	NOUN
fsr-3148	277	15	cloud	cloud	VERB
fsr-3148	277	16	your	your	PRON
fsr-3148	277	17	view	view	NOUN
fsr-3148	277	18	of	of	ADP
fsr-3148	277	19	the	the	DET
fsr-3148	277	20	potential	potential	ADJ
fsr-3148	277	21	risks	risk	NOUN
fsr-3148	277	22	,	,	PUNCT
fsr-3148	277	23	fdic	fdic	PROPN
fsr-3148	277	24	consumer	consumer	NOUN
fsr-3148	277	25	news	news	NOUN
fsr-3148	277	26	,	,	PUNCT
fsr-3148	277	27	spring	spring	NOUN
fsr-3148	277	28	2012	2012	NUM
fsr-3148	277	29	.	.	PUNCT
fsr-3148	278	1	21	21	NUM
fsr-3148	278	2	the	the	DET
fsr-3148	278	3	maximum	maximum	ADJ
fsr-3148	278	4	deposit	deposit	NOUN
fsr-3148	278	5	insurance	insurance	NOUN
fsr-3148	278	6	amount	amount	NOUN
fsr-3148	278	7	was	be	AUX
fsr-3148	278	8	increased	increase	VERB
fsr-3148	278	9	from	from	ADP
fsr-3148	278	10	$	$	SYM
fsr-3148	278	11	100,000	100,000	NUM
fsr-3148	278	12	to	to	PART
fsr-3148	278	13	$	$	SYM
fsr-3148	278	14	250,000	250,000	NUM
fsr-3148	278	15	by	by	ADP
fsr-3148	278	16	the	the	DET
fsr-3148	278	17	emergency	emergency	NOUN
fsr-3148	278	18	economic	economic	ADJ
fsr-3148	278	19	stabilization	stabilization	NOUN
fsr-3148	278	20	act	act	NOUN
fsr-3148	278	21	of	of	ADP
fsr-3148	278	22	2008	2008	NUM
fsr-3148	278	23	;	;	PUNCT
fsr-3148	278	24	see	see	VERB
fsr-3148	278	25	public	public	ADJ
fsr-3148	278	26	law	law	NOUN
fsr-3148	278	27	110	110	NUM
fsr-3148	278	28	-	-	SYM
fsr-3148	278	29	343	343	NUM
fsr-3148	278	30	§	§	NOUN
fsr-3148	278	31	136(a)(1	136(a)(1	NUM
fsr-3148	278	32	)	)	PUNCT
fsr-3148	278	33	.	.	PUNCT
fsr-3148	279	1	subsequently	subsequently	ADV
fsr-3148	279	2	,	,	PUNCT
fsr-3148	279	3	the	the	DET
fsr-3148	279	4	helping	help	VERB
fsr-3148	279	5	families	family	NOUN
fsr-3148	279	6	save	save	VERB
fsr-3148	279	7	their	their	PRON
fsr-3148	279	8	homes	home	NOUN
fsr-3148	279	9	act	act	NOUN
fsr-3148	279	10	of	of	ADP
fsr-3148	279	11	2009	2009	NUM
fsr-3148	279	12	extended	extend	VERB
fsr-3148	279	13	this	this	DET
fsr-3148	279	14	increase	increase	NOUN
fsr-3148	279	15	through	through	ADP
fsr-3148	279	16	december	december	PROPN
fsr-3148	279	17	31	31	NUM
fsr-3148	279	18	,	,	PUNCT
fsr-3148	279	19	2013	2013	NUM
fsr-3148	279	20	;	;	PUNCT
fsr-3148	279	21	see	see	VERB
fsr-3148	279	22	public	public	ADJ
fsr-3148	279	23	law	law	NOUN
fsr-3148	279	24	111	111	NUM
fsr-3148	279	25	-	-	SYM
fsr-3148	279	26	22	22	NUM
fsr-3148	279	27	§	§	NOUN
fsr-3148	279	28	204(a	204(a	NOUN
fsr-3148	279	29	)	)	PUNCT
fsr-3148	279	30	(	(	PUNCT
fsr-3148	279	31	1	1	NUM
fsr-3148	279	32	)	)	PUNCT
fsr-3148	279	33	(	(	PUNCT
fsr-3148	279	34	a	a	NOUN
fsr-3148	279	35	)	)	PUNCT
fsr-3148	279	36	.	.	PUNCT
fsr-3148	280	1	in	in	ADP
fsr-3148	280	2	2010	2010	NUM
fsr-3148	280	3	,	,	PUNCT
fsr-3148	280	4	the	the	DET
fsr-3148	280	5	wall	wall	PROPN
fsr-3148	280	6	street	street	PROPN
fsr-3148	280	7	reform	reform	PROPN
fsr-3148	280	8	and	and	CCONJ
fsr-3148	280	9	consumer	consumer	NOUN
fsr-3148	280	10	protection	protection	NOUN
fsr-3148	280	11	act	act	NOUN
fsr-3148	280	12	made	make	VERB
fsr-3148	280	13	this	this	DET
fsr-3148	280	14	increase	increase	NOUN
fsr-3148	280	15	permanent	permanent	ADJ
fsr-3148	280	16	;	;	PUNCT
fsr-3148	280	17	see	see	VERB
fsr-3148	280	18	public	public	ADJ
fsr-3148	280	19	law	law	NOUN
fsr-3148	280	20	111	111	NUM
fsr-3148	280	21	-	-	SYM
fsr-3148	280	22	203	203	NUM
fsr-3148	280	23	§	§	NOUN
fsr-3148	280	24	335(a	335(a	NOUN
fsr-3148	280	25	)	)	PUNCT
fsr-3148	280	26	.	.	PUNCT
fsr-3148	281	1	22	22	NUM
fsr-3148	282	1	the	the	DET
fsr-3148	282	2	fdic	fdic	PROPN
fsr-3148	282	3	has	have	AUX
fsr-3148	282	4	taken	take	VERB
fsr-3148	282	5	the	the	DET
fsr-3148	282	6	position	position	NOUN
fsr-3148	282	7	in	in	ADP
fsr-3148	282	8	the	the	DET
fsr-3148	282	9	past	past	NOUN
fsr-3148	282	10	that	that	SCONJ
fsr-3148	282	11	a	a	DET
fsr-3148	282	12	potential	potential	ADJ
fsr-3148	282	13	decrease	decrease	NOUN
fsr-3148	282	14	in	in	ADP
fsr-3148	282	15	principal	principal	NOUN
fsr-3148	282	16	caused	cause	VERB
fsr-3148	282	17	by	by	ADP
fsr-3148	282	18	the	the	DET
fsr-3148	282	19	imposition	imposition	NOUN
fsr-3148	282	20	of	of	ADP
fsr-3148	282	21	an	an	DET
fsr-3148	282	22	early	early	ADJ
fsr-3148	282	23	withdrawal	withdrawal	NOUN
fsr-3148	282	24	penalty	penalty	NOUN
fsr-3148	282	25	does	do	AUX
fsr-3148	282	26	not	not	PART
fsr-3148	282	27	prevent	prevent	VERB
fsr-3148	282	28	a	a	DET
fsr-3148	282	29	product	product	NOUN
fsr-3148	282	30	from	from	ADP
fsr-3148	282	31	qualifying	qualify	VERB
fsr-3148	282	32	as	as	ADP
fsr-3148	282	33	a	a	DET
fsr-3148	282	34	‘	'	PUNCT
fsr-3148	282	35	deposit	deposit	NOUN
fsr-3148	282	36	’	'	PUNCT
fsr-3148	282	37	for	for	ADP
fsr-3148	282	38	insurance	insurance	NOUN
fsr-3148	282	39	purposes	purpose	NOUN
fsr-3148	282	40	.	.	PUNCT
fsr-3148	283	1	fdic	fdic	PROPN
fsr-3148	283	2	letter	letter	NOUN
fsr-3148	283	3	to	to	ADP
fsr-3148	283	4	kevin	kevin	PROPN
fsr-3148	283	5	p.	p.	PROPN
fsr-3148	283	6	murray	murray	PROPN
fsr-3148	283	7	,	,	PUNCT
fsr-3148	283	8	february	february	PROPN
fsr-3148	283	9	27	27	NUM
fsr-3148	283	10	,	,	PUNCT
fsr-3148	283	11	2002	2002	NUM
fsr-3148	283	12	.	.	PUNCT
fsr-3148	284	1	23	23	NUM
fsr-3148	284	2	issuers	issuer	NOUN
fsr-3148	284	3	have	have	VERB
fsr-3148	284	4	a	a	DET
fsr-3148	284	5	disincentive	disincentive	ADJ
fsr-3148	284	6	to	to	PART
fsr-3148	284	7	maintain	maintain	VERB
fsr-3148	284	8	such	such	ADJ
fsr-3148	284	9	markets	market	NOUN
fsr-3148	284	10	,	,	PUNCT
fsr-3148	284	11	as	as	SCONJ
fsr-3148	284	12	developed	develop	VERB
fsr-3148	284	13	secondary	secondary	ADJ
fsr-3148	284	14	markets	market	NOUN
fsr-3148	284	15	may	may	AUX
fsr-3148	284	16	trigger	trigger	VERB
fsr-3148	284	17	more	more	ADV
fsr-3148	284	18	stringent	stringent	ADJ
fsr-3148	284	19	regulatory	regulatory	ADJ
fsr-3148	284	20	requirements	requirement	NOUN
fsr-3148	284	21	.	.	PUNCT
fsr-3148	285	1	24	24	NUM
fsr-3148	285	2	we	we	PRON
fsr-3148	285	3	note	note	VERB
fsr-3148	285	4	that	that	SCONJ
fsr-3148	285	5	for	for	ADP
fsr-3148	285	6	some	some	DET
fsr-3148	285	7	periods	period	NOUN
fsr-3148	285	8	of	of	ADP
fsr-3148	285	9	time	time	NOUN
fsr-3148	285	10	,	,	PUNCT
fsr-3148	285	11	cd	cd	PROPN
fsr-3148	285	12	rates	rate	NOUN
fsr-3148	285	13	were	be	AUX
fsr-3148	285	14	above	above	ADP
fsr-3148	285	15	treasury	treasury	NOUN
fsr-3148	285	16	rates	rate	NOUN
fsr-3148	285	17	of	of	ADP
fsr-3148	285	18	the	the	DET
fsr-3148	285	19	same	same	ADJ
fsr-3148	285	20	term	term	NOUN
fsr-3148	285	21	.	.	PUNCT
fsr-3148	286	1	because	because	SCONJ
fsr-3148	286	2	we	we	PRON
fsr-3148	286	3	discount	discount	VERB
fsr-3148	286	4	both	both	CCONJ
fsr-3148	286	5	structured	structured	ADJ
fsr-3148	286	6	and	and	CCONJ
fsr-3148	286	7	traditional	traditional	ADJ
fsr-3148	286	8	cds	cd	NOUN
fsr-3148	286	9	using	use	VERB
fsr-3148	286	10	treasury	treasury	PROPN
fsr-3148	286	11	235	235	NUM
fsr-3148	286	12	g.	g.	PROPN
fsr-3148	286	13	deng	deng	PROPN
fsr-3148	286	14	et	et	PROPN
fsr-3148	286	15	al	al	PROPN
fsr-3148	286	16	.	.	PUNCT
fsr-3148	286	17	/	/	SYM
fsr-3148	286	18	financial	financial	ADJ
fsr-3148	286	19	services	service	NOUN
fsr-3148	286	20	review	review	VERB
fsr-3148	286	21	23	23	NUM
fsr-3148	286	22	(	(	PUNCT
fsr-3148	286	23	2014	2014	NUM
fsr-3148	286	24	)	)	PUNCT
fsr-3148	286	25	219–237	219–237	NUM
fsr-3148	286	26	rates	rate	NOUN
fsr-3148	286	27	,	,	PUNCT
fsr-3148	286	28	the	the	DET
fsr-3148	286	29	value	value	NOUN
fsr-3148	286	30	of	of	ADP
fsr-3148	286	31	traditional	traditional	ADJ
fsr-3148	286	32	cds	cd	NOUN
fsr-3148	286	33	may	may	AUX
fsr-3148	286	34	exceed	exceed	VERB
fsr-3148	286	35	face	face	NOUN
fsr-3148	286	36	value	value	NOUN
fsr-3148	286	37	.	.	PUNCT
fsr-3148	287	1	on	on	ADP
fsr-3148	287	2	february	february	PROPN
fsr-3148	287	3	29	29	NUM
fsr-3148	287	4	,	,	PUNCT
fsr-3148	287	5	2012	2012	NUM
fsr-3148	287	6	,	,	PUNCT
fsr-3148	287	7	implied	imply	VERB
fsr-3148	287	8	seven	seven	NUM
fsr-3148	287	9	year	year	NOUN
fsr-3148	287	10	cd	cd	NOUN
fsr-3148	287	11	rates	rate	NOUN
fsr-3148	287	12	were	be	AUX
fsr-3148	287	13	higher	high	ADJ
fsr-3148	287	14	than	than	ADP
fsr-3148	287	15	seven	seven	NUM
fsr-3148	287	16	year	year	NOUN
fsr-3148	287	17	treasury	treasury	NOUN
fsr-3148	287	18	rates	rate	NOUN
fsr-3148	287	19	.	.	PUNCT
fsr-3148	288	1	25	25	NUM
fsr-3148	288	2	eq	eq	NOUN
fsr-3148	288	3	.	.	PROPN
fsr-3148	288	4	2	2	NUM
fsr-3148	288	5	is	be	AUX
fsr-3148	288	6	a	a	DET
fsr-3148	288	7	trivial	trivial	ADJ
fsr-3148	288	8	generalization	generalization	NOUN
fsr-3148	288	9	of	of	ADP
fsr-3148	288	10	the	the	DET
fsr-3148	288	11	formula	formula	NOUN
fsr-3148	288	12	in	in	ADP
fsr-3148	288	13	hsieh	hsieh	PROPN
fsr-3148	288	14	and	and	CCONJ
fsr-3148	288	15	chiu	chiu	PROPN
fsr-3148	288	16	(	(	PUNCT
fsr-3148	288	17	2007	2007	NUM
fsr-3148	288	18	)	)	PUNCT
fsr-3148	288	19	to	to	PART
fsr-3148	288	20	include	include	VERB
fsr-3148	288	21	more	more	ADJ
fsr-3148	288	22	frequent	frequent	ADJ
fsr-3148	288	23	observations	observation	NOUN
fsr-3148	288	24	.	.	PUNCT
fsr-3148	289	1	26	26	NUM
fsr-3148	289	2	a	a	DET
fsr-3148	289	3	cd	cd	NOUN
fsr-3148	289	4	of	of	ADP
fsr-3148	289	5	this	this	DET
fsr-3148	289	6	type	type	NOUN
fsr-3148	289	7	was	be	AUX
fsr-3148	289	8	described	describe	VERB
fsr-3148	289	9	by	by	ADP
fsr-3148	289	10	edwards	edwards	PROPN
fsr-3148	289	11	and	and	CCONJ
fsr-3148	289	12	swidler	swidler	NOUN
fsr-3148	289	13	(	(	PUNCT
fsr-3148	289	14	2005	2005	NUM
fsr-3148	289	15	)	)	PUNCT
fsr-3148	289	16	.	.	PUNCT
fsr-3148	290	1	27	27	NUM
fsr-3148	290	2	the	the	DET
fsr-3148	290	3	fdic	fdic	PROPN
fsr-3148	290	4	currently	currently	ADV
fsr-3148	290	5	reports	report	VERB
fsr-3148	290	6	rates	rate	NOUN
fsr-3148	290	7	on	on	ADP
fsr-3148	290	8	fixed	fix	VERB
fsr-3148	290	9	-	-	PUNCT
fsr-3148	290	10	rate	rate	NOUN
fsr-3148	290	11	cds	cd	NOUN
fsr-3148	290	12	out	out	ADP
fsr-3148	290	13	to	to	ADP
fsr-3148	290	14	a	a	DET
fsr-3148	290	15	maturity	maturity	NOUN
fsr-3148	290	16	of	of	ADP
fsr-3148	290	17	60	60	NUM
fsr-3148	290	18	months	month	NOUN
fsr-3148	290	19	on	on	ADP
fsr-3148	290	20	a	a	DET
fsr-3148	290	21	weekly	weekly	ADJ
fsr-3148	290	22	basis	basis	NOUN
fsr-3148	290	23	.	.	PUNCT
fsr-3148	291	1	we	we	PRON
fsr-3148	291	2	are	be	AUX
fsr-3148	291	3	using	use	VERB
fsr-3148	291	4	the	the	DET
fsr-3148	291	5	rates	rate	NOUN
fsr-3148	291	6	observed	observe	VERB
fsr-3148	291	7	by	by	ADP
fsr-3148	291	8	the	the	DET
fsr-3148	291	9	fdic	fdic	PROPN
fsr-3148	291	10	on	on	ADP
fsr-3148	291	11	january	january	PROPN
fsr-3148	291	12	25	25	NUM
fsr-3148	291	13	,	,	PUNCT
fsr-3148	291	14	2010	2010	NUM
fsr-3148	291	15	and	and	CCONJ
fsr-3148	291	16	using	use	VERB
fsr-3148	291	17	linear	linear	ADJ
fsr-3148	291	18	extrapolation	extrapolation	NOUN
fsr-3148	291	19	to	to	PART
fsr-3148	291	20	determine	determine	VERB
fsr-3148	291	21	the	the	DET
fsr-3148	291	22	implied	imply	VERB
fsr-3148	291	23	rate	rate	NOUN
fsr-3148	291	24	on	on	ADP
fsr-3148	291	25	a	a	DET
fsr-3148	291	26	72	72	NUM
fsr-3148	291	27	month	month	NOUN
fsr-3148	291	28	cd	cd	PROPN
fsr-3148	291	29	.	.	PROPN
fsr-3148	291	30	28	28	NUM
fsr-3148	291	31	retrieved	retrieve	VERB
fsr-3148	291	32	from	from	ADP
fsr-3148	291	33	http://www.fdic.gov/regulations/resources/rates/index.html	http://www.fdic.gov/regulations/resources/rates/index.html	NOUN
fsr-3148	291	34	.	.	PUNCT
fsr-3148	291	35	29	29	NUM
fsr-3148	292	1	the	the	DET
fsr-3148	292	2	value	value	NOUN
fsr-3148	292	3	for	for	ADP
fsr-3148	292	4	a	a	DET
fsr-3148	292	5	25	25	NUM
fsr-3148	292	6	year	year	NOUN
fsr-3148	292	7	old	old	ADJ
fsr-3148	292	8	investor	investor	NOUN
fsr-3148	292	9	is	be	AUX
fsr-3148	292	10	only	only	ADV
fsr-3148	292	11	1.1	1.1	NUM
fsr-3148	292	12	%	%	NOUN
fsr-3148	292	13	higher	high	ADJ
fsr-3148	292	14	for	for	ADP
fsr-3148	292	15	the	the	DET
fsr-3148	292	16	single	single	ADJ
fsr-3148	292	17	-	-	PUNCT
fsr-3148	292	18	observation	observation	NOUN
fsr-3148	292	19	products	product	NOUN
fsr-3148	292	20	,	,	PUNCT
fsr-3148	292	21	0.4	0.4	NUM
fsr-3148	292	22	%	%	NOUN
fsr-3148	292	23	lower	low	ADJ
fsr-3148	292	24	for	for	ADP
fsr-3148	292	25	the	the	DET
fsr-3148	292	26	ratchet	ratchet	NOUN
fsr-3148	292	27	products	product	NOUN
fsr-3148	292	28	,	,	PUNCT
fsr-3148	292	29	0.5	0.5	NUM
fsr-3148	292	30	%	%	NOUN
fsr-3148	292	31	lower	low	ADJ
fsr-3148	292	32	for	for	ADP
fsr-3148	292	33	the	the	DET
fsr-3148	292	34	average	average	ADJ
fsr-3148	292	35	products	product	NOUN
fsr-3148	292	36	,	,	PUNCT
fsr-3148	292	37	and	and	CCONJ
fsr-3148	292	38	1.5	1.5	NUM
fsr-3148	292	39	%	%	NOUN
fsr-3148	292	40	lower	low	ADJ
fsr-3148	292	41	for	for	ADP
fsr-3148	292	42	contingent	contingent	ADJ
fsr-3148	292	43	coupon	coupon	NOUN
fsr-3148	292	44	cds	cd	NOUN
fsr-3148	292	45	when	when	SCONJ
fsr-3148	292	46	compared	compare	VERB
fsr-3148	292	47	with	with	ADP
fsr-3148	292	48	the	the	DET
fsr-3148	292	49	value	value	NOUN
fsr-3148	292	50	for	for	ADP
fsr-3148	292	51	an	an	DET
fsr-3148	292	52	85	85	NUM
fsr-3148	292	53	year	year	NOUN
fsr-3148	292	54	old	old	ADJ
fsr-3148	292	55	investor	investor	NOUN
fsr-3148	292	56	.	.	PUNCT
fsr-3148	293	1	30	30	NUM
fsr-3148	293	2	retrieved	retrieve	VERB
fsr-3148	293	3	from	from	ADP
fsr-3148	293	4	http://www.fdic.gov/regulations/resources/rates/index.html	http://www.fdic.gov/regulations/resources/rates/index.html	NOUN
fsr-3148	293	5	.	.	PROPN
fsr-3148	293	6	31	31	NUM
fsr-3148	293	7	for	for	ADP
fsr-3148	293	8	some	some	DET
fsr-3148	293	9	smaller	small	ADJ
fsr-3148	293	10	banks	bank	NOUN
fsr-3148	293	11	(	(	PUNCT
fsr-3148	293	12	e.g.	e.g.	ADV
fsr-3148	293	13	,	,	PUNCT
fsr-3148	293	14	union	union	PROPN
fsr-3148	293	15	bank	bank	PROPN
fsr-3148	293	16	)	)	PUNCT
fsr-3148	293	17	,	,	PUNCT
fsr-3148	293	18	cds	cds	PROPN
fsr-3148	293	19	data	datum	NOUN
fsr-3148	293	20	is	be	AUX
fsr-3148	293	21	unavailable	unavailable	ADJ
fsr-3148	293	22	as	as	ADP
fsr-3148	293	23	of	of	ADP
fsr-3148	293	24	this	this	DET
fsr-3148	293	25	writing	writing	NOUN
fsr-3148	293	26	.	.	PUNCT
fsr-3148	294	1	to	to	PART
fsr-3148	294	2	include	include	VERB
fsr-3148	294	3	the	the	DET
fsr-3148	294	4	effects	effect	NOUN
fsr-3148	294	5	of	of	ADP
fsr-3148	294	6	credit	credit	NOUN
fsr-3148	294	7	risk	risk	NOUN
fsr-3148	294	8	for	for	ADP
fsr-3148	294	9	these	these	DET
fsr-3148	294	10	banks	bank	NOUN
fsr-3148	294	11	,	,	PUNCT
fsr-3148	294	12	we	we	PRON
fsr-3148	294	13	averaged	average	VERB
fsr-3148	294	14	the	the	DET
fsr-3148	294	15	cds	cd	NOUN
fsr-3148	294	16	rates	rate	NOUN
fsr-3148	294	17	for	for	ADP
fsr-3148	294	18	all	all	DET
fsr-3148	294	19	banks	bank	NOUN
fsr-3148	294	20	that	that	PRON
fsr-3148	294	21	issued	issue	VERB
fsr-3148	294	22	structured	structure	VERB
fsr-3148	294	23	cds	cd	NOUN
fsr-3148	294	24	within	within	ADP
fsr-3148	294	25	our	our	PRON
fsr-3148	294	26	sample	sample	NOUN
fsr-3148	294	27	.	.	PUNCT
fsr-3148	295	1	32	32	NUM
fsr-3148	295	2	for	for	ADP
fsr-3148	295	3	these	these	DET
fsr-3148	295	4	calculations	calculation	NOUN
fsr-3148	296	1	,	,	PUNCT
fsr-3148	296	2	we	we	PRON
fsr-3148	296	3	exclude	exclude	VERB
fsr-3148	296	4	investors	investor	NOUN
fsr-3148	296	5	who	who	PRON
fsr-3148	296	6	have	have	AUX
fsr-3148	296	7	died	die	VERB
fsr-3148	296	8	during	during	ADP
fsr-3148	296	9	the	the	DET
fsr-3148	296	10	term	term	NOUN
fsr-3148	296	11	of	of	ADP
fsr-3148	296	12	the	the	DET
fsr-3148	296	13	notes	note	NOUN
fsr-3148	296	14	to	to	PART
fsr-3148	296	15	estimate	estimate	VERB
fsr-3148	296	16	the	the	DET
fsr-3148	296	17	probability	probability	NOUN
fsr-3148	296	18	of	of	ADP
fsr-3148	296	19	obtaining	obtain	VERB
fsr-3148	296	20	the	the	DET
fsr-3148	296	21	minimum	minimum	ADJ
fsr-3148	296	22	return	return	NOUN
fsr-3148	296	23	(	(	PUNCT
fsr-3148	296	24	since	since	SCONJ
fsr-3148	296	25	these	these	DET
fsr-3148	296	26	investors	investor	NOUN
fsr-3148	296	27	do	do	AUX
fsr-3148	296	28	not	not	PART
fsr-3148	296	29	hold	hold	VERB
fsr-3148	296	30	the	the	DET
fsr-3148	296	31	cds	cd	NOUN
fsr-3148	296	32	to	to	ADP
fsr-3148	296	33	maturity	maturity	NOUN
fsr-3148	296	34	)	)	PUNCT
fsr-3148	296	35	.	.	PUNCT
fsr-3148	297	1	33	33	NUM
fsr-3148	297	2	bloomberg	bloomberg	PROPN
fsr-3148	297	3	structured	structure	VERB
fsr-3148	297	4	notes	note	NOUN
fsr-3148	297	5	brief	brief	ADJ
fsr-3148	297	6	(	(	PUNCT
fsr-3148	297	7	2011f	2011f	NUM
fsr-3148	297	8	)	)	PUNCT
fsr-3148	297	9	.	.	PUNCT
fsr-3148	298	1	references	reference	NOUN
fsr-3148	298	2	black	black	PROPN
fsr-3148	298	3	,	,	PUNCT
fsr-3148	298	4	f.	f.	PROPN
fsr-3148	298	5	,	,	PUNCT
fsr-3148	298	6	&	&	CCONJ
fsr-3148	298	7	scholes	scholes	PROPN
fsr-3148	298	8	,	,	PUNCT
fsr-3148	298	9	m.	m.	NOUN
fsr-3148	298	10	(	(	PUNCT
fsr-3148	298	11	1973	1973	NUM
fsr-3148	298	12	)	)	PUNCT
fsr-3148	298	13	.	.	PUNCT
fsr-3148	299	1	the	the	DET
fsr-3148	299	2	pricing	pricing	NOUN
fsr-3148	299	3	of	of	ADP
fsr-3148	299	4	options	option	NOUN
fsr-3148	299	5	and	and	CCONJ
fsr-3148	299	6	corporate	corporate	ADJ
fsr-3148	299	7	liabilities	liability	NOUN
fsr-3148	299	8	.	.	PUNCT
fsr-3148	300	1	journal	journal	NOUN
fsr-3148	300	2	of	of	ADP
fsr-3148	300	3	political	political	ADJ
fsr-3148	300	4	economy	economy	NOUN
fsr-3148	300	5	,	,	PUNCT
fsr-3148	300	6	81	81	NUM
fsr-3148	300	7	,	,	PUNCT
fsr-3148	300	8	637–654	637–654	NUM
fsr-3148	300	9	.	.	PUNCT
fsr-3148	301	1	bloomberg	bloomberg	PROPN
fsr-3148	301	2	structured	structure	VERB
fsr-3148	301	3	notes	note	NOUN
fsr-3148	301	4	brief	brief	ADJ
fsr-3148	301	5	.	.	PUNCT
fsr-3148	302	1	(	(	PUNCT
fsr-3148	302	2	2011a	2011a	NUM
fsr-3148	302	3	)	)	PUNCT
fsr-3148	302	4	.	.	PUNCT
fsr-3148	303	1	bonacci	bonacci	NOUN
fsr-3148	303	2	of	of	ADP
fsr-3148	303	3	cd	cd	PROPN
fsr-3148	303	4	funding	funding	NOUN
fsr-3148	303	5	securities	security	NOUN
fsr-3148	303	6	on	on	ADP
fsr-3148	303	7	popular	popular	ADJ
fsr-3148	303	8	kinds	kind	NOUN
fsr-3148	303	9	of	of	ADP
fsr-3148	303	10	structured	structured	ADJ
fsr-3148	303	11	cds	cd	NOUN
fsr-3148	303	12	,	,	PUNCT
fsr-3148	303	13	growth	growth	NOUN
fsr-3148	303	14	in	in	ADP
fsr-3148	303	15	market	market	NOUN
fsr-3148	303	16	.	.	PUNCT
fsr-3148	304	1	bloomberg	bloomberg	PROPN
fsr-3148	304	2	structured	structure	VERB
fsr-3148	304	3	notes	note	NOUN
fsr-3148	304	4	brief	brief	ADJ
fsr-3148	304	5	,	,	PUNCT
fsr-3148	304	6	page	page	NOUN
fsr-3148	304	7	6	6	NUM
fsr-3148	304	8	.	.	PUNCT
fsr-3148	305	1	bloomberg	bloomberg	PROPN
fsr-3148	305	2	structured	structure	VERB
fsr-3148	305	3	notes	note	NOUN
fsr-3148	305	4	brief	brief	ADJ
fsr-3148	305	5	.	.	PUNCT
fsr-3148	306	1	(	(	PUNCT
fsr-3148	306	2	2011b	2011b	NUM
fsr-3148	306	3	)	)	PUNCT
fsr-3148	306	4	.	.	PUNCT
fsr-3148	307	1	david	david	PROPN
fsr-3148	307	2	fitzsimmons	fitzsimmons	PROPN
fsr-3148	307	3	on	on	ADP
fsr-3148	307	4	choosing	choose	VERB
fsr-3148	307	5	which	which	PRON
fsr-3148	307	6	structured	structure	VERB
fsr-3148	307	7	cds	cd	NOUN
fsr-3148	307	8	to	to	PART
fsr-3148	307	9	sell	sell	VERB
fsr-3148	307	10	and	and	CCONJ
fsr-3148	307	11	working	work	VERB
fsr-3148	307	12	with	with	ADP
fsr-3148	307	13	issuers	issuer	NOUN
fsr-3148	307	14	.	.	PUNCT
fsr-3148	308	1	bloomberg	bloomberg	PROPN
fsr-3148	308	2	structured	structure	VERB
fsr-3148	308	3	notes	note	NOUN
fsr-3148	308	4	brief	brief	ADJ
fsr-3148	308	5	,	,	PUNCT
fsr-3148	308	6	page	page	NOUN
fsr-3148	308	7	4	4	NUM
fsr-3148	308	8	.	.	PUNCT
fsr-3148	309	1	bloomberg	bloomberg	PROPN
fsr-3148	309	2	structured	structure	VERB
fsr-3148	309	3	notes	note	NOUN
fsr-3148	309	4	brief	brief	ADJ
fsr-3148	309	5	.	.	PUNCT
fsr-3148	310	1	(	(	PUNCT
fsr-3148	310	2	2011c	2011c	NUM
fsr-3148	310	3	)	)	PUNCT
fsr-3148	310	4	.	.	PUNCT
fsr-3148	311	1	wells	wells	PROPN
fsr-3148	311	2	fargo	fargo	PROPN
fsr-3148	311	3	’s	’s	PART
fsr-3148	311	4	ginsburg	ginsburg	PROPN
fsr-3148	311	5	on	on	ADP
fsr-3148	311	6	selling	sell	VERB
fsr-3148	311	7	structured	structure	VERB
fsr-3148	311	8	cds	cd	NOUN
fsr-3148	311	9	to	to	ADP
fsr-3148	311	10	crisis	crisis	NOUN
fsr-3148	311	11	-	-	PUNCT
fsr-3148	311	12	weary	weary	ADJ
fsr-3148	311	13	investors	investor	NOUN
fsr-3148	311	14	.	.	PUNCT
fsr-3148	312	1	bloomberg	bloomberg	PROPN
fsr-3148	312	2	structured	structure	VERB
fsr-3148	312	3	notes	note	NOUN
fsr-3148	312	4	brief	brief	ADJ
fsr-3148	312	5	,	,	PUNCT
fsr-3148	312	6	page	page	NOUN
fsr-3148	312	7	4	4	NUM
fsr-3148	312	8	.	.	PUNCT
fsr-3148	313	1	bloomberg	bloomberg	PROPN
fsr-3148	313	2	structured	structure	VERB
fsr-3148	313	3	notes	note	NOUN
fsr-3148	313	4	brief	brief	ADJ
fsr-3148	313	5	.	.	PUNCT
fsr-3148	314	1	(	(	PUNCT
fsr-3148	314	2	2011d	2011d	NUM
fsr-3148	314	3	)	)	PUNCT
fsr-3148	314	4	.	.	PUNCT
fsr-3148	315	1	stoddart	stoddart	PROPN
fsr-3148	315	2	of	of	ADP
fsr-3148	315	3	capital	capital	NOUN
fsr-3148	315	4	investment	investment	NOUN
fsr-3148	315	5	marketing	marketing	NOUN
fsr-3148	315	6	on	on	ADP
fsr-3148	315	7	selling	sell	VERB
fsr-3148	315	8	structured	structure	VERB
fsr-3148	315	9	cds	cd	NOUN
fsr-3148	315	10	through	through	ADP
fsr-3148	315	11	bank	bank	NOUN
fsr-3148	315	12	branches	branch	NOUN
fsr-3148	315	13	.	.	PUNCT
fsr-3148	316	1	bloomberg	bloomberg	PROPN
fsr-3148	316	2	structured	structure	VERB
fsr-3148	316	3	notes	note	NOUN
fsr-3148	316	4	brief	brief	ADJ
fsr-3148	316	5	,	,	PUNCT
fsr-3148	316	6	page	page	NOUN
fsr-3148	316	7	5	5	NUM
fsr-3148	316	8	.	.	PUNCT
fsr-3148	317	1	bloomberg	bloomberg	PROPN
fsr-3148	317	2	structured	structure	VERB
fsr-3148	317	3	notes	note	NOUN
fsr-3148	317	4	brief	brief	ADJ
fsr-3148	317	5	.	.	PUNCT
fsr-3148	318	1	(	(	PUNCT
fsr-3148	318	2	2011e	2011e	NUM
fsr-3148	318	3	)	)	PUNCT
fsr-3148	318	4	.	.	PUNCT
fsr-3148	319	1	barclays	barclays	PROPN
fsr-3148	319	2	’s	’s	PART
fsr-3148	319	3	wu	wu	PROPN
fsr-3148	319	4	and	and	CCONJ
fsr-3148	319	5	gordon	gordon	PROPN
fsr-3148	319	6	on	on	ADP
fsr-3148	319	7	commodities	commodity	NOUN
fsr-3148	319	8	,	,	PUNCT
fsr-3148	319	9	cds	cd	NOUN
fsr-3148	319	10	and	and	CCONJ
fsr-3148	319	11	selling	sell	VERB
fsr-3148	319	12	in	in	ADP
fsr-3148	319	13	latin	latin	PROPN
fsr-3148	319	14	america	america	PROPN
fsr-3148	319	15	.	.	PUNCT
fsr-3148	320	1	bloomberg	bloomberg	PROPN
fsr-3148	320	2	structured	structure	VERB
fsr-3148	320	3	notes	note	NOUN
fsr-3148	320	4	brief	brief	ADJ
fsr-3148	320	5	,	,	PUNCT
fsr-3148	320	6	page	page	NOUN
fsr-3148	320	7	5	5	NUM
fsr-3148	320	8	.	.	PUNCT
fsr-3148	321	1	bloomberg	bloomberg	PROPN
fsr-3148	321	2	structured	structure	VERB
fsr-3148	321	3	notes	note	NOUN
fsr-3148	321	4	brief	brief	ADJ
fsr-3148	321	5	.	.	PUNCT
fsr-3148	322	1	(	(	PUNCT
fsr-3148	322	2	2013f	2013f	NUM
fsr-3148	322	3	)	)	PUNCT
fsr-3148	322	4	.	.	PUNCT
fsr-3148	323	1	banks	bank	NOUN
fsr-3148	323	2	are	be	AUX
fsr-3148	323	3	inconsistent	inconsistent	ADJ
fsr-3148	323	4	on	on	ADP
fsr-3148	323	5	new	new	ADJ
fsr-3148	323	6	sec	sec	PROPN
fsr-3148	323	7	disclosure	disclosure	NOUN
fsr-3148	323	8	rules	rule	NOUN
fsr-3148	323	9	.	.	PUNCT
fsr-3148	324	1	bloomberg	bloomberg	PROPN
fsr-3148	324	2	structured	structure	VERB
fsr-3148	324	3	notes	note	NOUN
fsr-3148	324	4	brief	brief	VERB
fsr-3148	324	5	,	,	PUNCT
fsr-3148	324	6	pages	page	NOUN
fsr-3148	324	7	3–5	3–5	NUM
fsr-3148	324	8	.	.	PUNCT
fsr-3148	325	1	bouzoubaa	bouzoubaa	PROPN
fsr-3148	325	2	,	,	PUNCT
fsr-3148	325	3	m.	m.	NOUN
fsr-3148	325	4	,	,	PUNCT
fsr-3148	325	5	&	&	CCONJ
fsr-3148	325	6	osseiran	osseiran	ADJ
fsr-3148	325	7	,	,	PUNCT
fsr-3148	325	8	a.	a.	NOUN
fsr-3148	325	9	(	(	PUNCT
fsr-3148	325	10	2010	2010	NUM
fsr-3148	325	11	)	)	PUNCT
fsr-3148	325	12	.	.	PUNCT
fsr-3148	326	1	exotic	exotic	ADJ
fsr-3148	326	2	options	option	NOUN
fsr-3148	326	3	and	and	CCONJ
fsr-3148	326	4	hybrids	hybrid	NOUN
fsr-3148	326	5	:	:	PUNCT
fsr-3148	326	6	a	a	DET
fsr-3148	326	7	guide	guide	NOUN
fsr-3148	326	8	to	to	ADP
fsr-3148	326	9	structuring	structuring	NOUN
fsr-3148	326	10	,	,	PUNCT
fsr-3148	326	11	pricing	pricing	NOUN
fsr-3148	326	12	and	and	CCONJ
fsr-3148	326	13	trading	trading	NOUN
fsr-3148	326	14	.	.	PUNCT
fsr-3148	327	1	wiley	wiley	PROPN
fsr-3148	327	2	finance	finance	PROPN
fsr-3148	327	3	.	.	PUNCT
fsr-3148	328	1	chance	chance	PROPN
fsr-3148	328	2	,	,	PUNCT
fsr-3148	328	3	d.	d.	PROPN
fsr-3148	328	4	,	,	PUNCT
fsr-3148	328	5	&	&	CCONJ
fsr-3148	328	6	broughton	broughton	PROPN
fsr-3148	328	7	,	,	PUNCT
fsr-3148	328	8	j.	j.	PROPN
fsr-3148	328	9	(	(	PUNCT
fsr-3148	328	10	1988	1988	NUM
fsr-3148	328	11	)	)	PUNCT
fsr-3148	328	12	.	.	PUNCT
fsr-3148	329	1	market	market	NOUN
fsr-3148	329	2	index	index	NOUN
fsr-3148	329	3	depository	depository	NOUN
fsr-3148	329	4	liabilities	liability	NOUN
fsr-3148	329	5	:	:	PUNCT
fsr-3148	329	6	analysis	analysis	NOUN
fsr-3148	329	7	,	,	PUNCT
fsr-3148	329	8	interpretation	interpretation	NOUN
fsr-3148	329	9	,	,	PUNCT
fsr-3148	329	10	and	and	CCONJ
fsr-3148	329	11	performance	performance	NOUN
fsr-3148	329	12	.	.	PUNCT
fsr-3148	330	1	journal	journal	NOUN
fsr-3148	330	2	of	of	ADP
fsr-3148	330	3	financial	financial	ADJ
fsr-3148	330	4	services	service	NOUN
fsr-3148	330	5	research	research	NOUN
fsr-3148	330	6	,	,	PUNCT
fsr-3148	330	7	1	1	NUM
fsr-3148	330	8	,	,	PUNCT
fsr-3148	330	9	335–352	335–352	NUM
fsr-3148	330	10	.	.	PUNCT
fsr-3148	331	1	deng	deng	PROPN
fsr-3148	331	2	,	,	PUNCT
fsr-3148	331	3	g.	g.	PROPN
fsr-3148	331	4	,	,	PUNCT
fsr-3148	331	5	mccann	mccann	PROPN
fsr-3148	331	6	,	,	PUNCT
fsr-3148	331	7	c.	c.	PROPN
fsr-3148	331	8	,	,	PUNCT
fsr-3148	331	9	&	&	CCONJ
fsr-3148	331	10	o’neal	o’neal	PROPN
fsr-3148	331	11	,	,	PUNCT
fsr-3148	331	12	e.	e.	PROPN
fsr-3148	331	13	(	(	PUNCT
fsr-3148	331	14	2010	2010	NUM
fsr-3148	331	15	)	)	PUNCT
fsr-3148	331	16	.	.	PUNCT
fsr-3148	332	1	what	what	PRON
fsr-3148	332	2	tivo	tivo	NOUN
fsr-3148	332	3	and	and	CCONJ
fsr-3148	332	4	jp	jp	NOUN
fsr-3148	332	5	morgan	morgan	PROPN
fsr-3148	332	6	teach	teach	VERB
fsr-3148	332	7	us	we	PRON
fsr-3148	332	8	about	about	ADP
fsr-3148	332	9	reverse	reverse	ADJ
fsr-3148	332	10	convertibles	convertible	NOUN
fsr-3148	332	11	.	.	PUNCT
fsr-3148	333	1	slcg	slcg	PROPN
fsr-3148	333	2	working	working	PROPN
fsr-3148	333	3	paper	paper	NOUN
fsr-3148	333	4	(	(	PUNCT
fsr-3148	333	5	available	available	ADJ
fsr-3148	333	6	at	at	ADP
fsr-3148	333	7	http://www.slcg.com/	http://www.slcg.com/	NOUN
fsr-3148	333	8	)	)	PUNCT
fsr-3148	333	9	.	.	PUNCT
fsr-3148	334	1	deng	deng	PROPN
fsr-3148	334	2	,	,	PUNCT
fsr-3148	334	3	g.	g.	PROPN
fsr-3148	334	4	,	,	PUNCT
fsr-3148	334	5	guedj	guedj	PROPN
fsr-3148	334	6	,	,	PUNCT
fsr-3148	334	7	i.	i.	PROPN
fsr-3148	334	8	,	,	PUNCT
fsr-3148	334	9	mallett	mallett	PROPN
fsr-3148	334	10	,	,	PUNCT
fsr-3148	334	11	j.	j.	PROPN
fsr-3148	334	12	,	,	PUNCT
fsr-3148	334	13	&	&	CCONJ
fsr-3148	334	14	mccann	mccann	PROPN
fsr-3148	334	15	,	,	PUNCT
fsr-3148	334	16	c.	c.	PROPN
fsr-3148	334	17	(	(	PUNCT
fsr-3148	334	18	2011a	2011a	NUM
fsr-3148	334	19	)	)	PUNCT
fsr-3148	334	20	.	.	PUNCT
fsr-3148	335	1	the	the	DET
fsr-3148	335	2	anatomy	anatomy	NOUN
fsr-3148	335	3	of	of	ADP
fsr-3148	335	4	absolute	absolute	ADJ
fsr-3148	335	5	return	return	NOUN
fsr-3148	335	6	barrier	barrier	NOUN
fsr-3148	335	7	notes	note	NOUN
fsr-3148	335	8	.	.	PUNCT
fsr-3148	336	1	the	the	DET
fsr-3148	336	2	journal	journal	NOUN
fsr-3148	336	3	of	of	ADP
fsr-3148	336	4	derivatives	derivative	NOUN
fsr-3148	336	5	,	,	PUNCT
fsr-3148	336	6	19	19	NUM
fsr-3148	336	7	,	,	PUNCT
fsr-3148	336	8	61–70	61–70	NOUN
fsr-3148	336	9	.	.	NOUN
fsr-3148	336	10	236	236	NUM
fsr-3148	336	11	g.	g.	PROPN
fsr-3148	336	12	deng	deng	PROPN
fsr-3148	336	13	et	et	PROPN
fsr-3148	336	14	al	al	PROPN
fsr-3148	336	15	.	.	PUNCT
fsr-3148	336	16	/	/	SYM
fsr-3148	336	17	financial	financial	ADJ
fsr-3148	336	18	services	service	NOUN
fsr-3148	336	19	review	review	VERB
fsr-3148	336	20	23	23	NUM
fsr-3148	336	21	(	(	PUNCT
fsr-3148	336	22	2014	2014	NUM
fsr-3148	336	23	)	)	PUNCT
fsr-3148	336	24	219–237	219–237	NUM
fsr-3148	336	25	deng	deng	PROPN
fsr-3148	336	26	,	,	PUNCT
fsr-3148	336	27	g.	g.	PROPN
fsr-3148	336	28	,	,	PUNCT
fsr-3148	336	29	mallett	mallett	PROPN
fsr-3148	336	30	,	,	PUNCT
fsr-3148	336	31	j.	j.	PROPN
fsr-3148	336	32	,	,	PUNCT
fsr-3148	336	33	&	&	CCONJ
fsr-3148	336	34	mccann	mccann	PROPN
fsr-3148	336	35	,	,	PUNCT
fsr-3148	336	36	c.	c.	PROPN
fsr-3148	336	37	(	(	PUNCT
fsr-3148	336	38	2011b	2011b	NUM
fsr-3148	336	39	)	)	PUNCT
fsr-3148	336	40	.	.	PUNCT
fsr-3148	337	1	modeling	model	VERB
fsr-3148	337	2	autocallable	autocallable	ADJ
fsr-3148	337	3	structured	structured	ADJ
fsr-3148	337	4	products	product	NOUN
fsr-3148	337	5	.	.	PUNCT
fsr-3148	338	1	journal	journal	NOUN
fsr-3148	338	2	of	of	ADP
fsr-3148	338	3	derivatives	derivative	NOUN
fsr-3148	338	4	4	4	NUM
fsr-3148	338	5	hedge	hedge	NOUN
fsr-3148	338	6	funds	fund	NOUN
fsr-3148	338	7	,	,	PUNCT
fsr-3148	338	8	17	17	NUM
fsr-3148	338	9	,	,	PUNCT
fsr-3148	338	10	326–340	326–340	NUM
fsr-3148	338	11	.	.	PUNCT
fsr-3148	339	1	deng	deng	PROPN
fsr-3148	339	2	,	,	PUNCT
fsr-3148	339	3	g.	g.	PROPN
fsr-3148	339	4	,	,	PUNCT
fsr-3148	339	5	dulaney	dulaney	PROPN
fsr-3148	339	6	,	,	PUNCT
fsr-3148	339	7	t.	t.	PROPN
fsr-3148	339	8	,	,	PUNCT
fsr-3148	339	9	&	&	CCONJ
fsr-3148	339	10	mccann	mccann	PROPN
fsr-3148	339	11	,	,	PUNCT
fsr-3148	339	12	c.	c.	PROPN
fsr-3148	339	13	(	(	PUNCT
fsr-3148	339	14	2012	2012	NUM
fsr-3148	339	15	)	)	PUNCT
fsr-3148	339	16	.	.	PUNCT
fsr-3148	340	1	valuation	valuation	NOUN
fsr-3148	340	2	of	of	ADP
fsr-3148	340	3	reverse	reverse	ADJ
fsr-3148	340	4	convertibles	convertible	NOUN
fsr-3148	340	5	in	in	ADP
fsr-3148	340	6	the	the	DET
fsr-3148	340	7	variance	variance	NOUN
fsr-3148	340	8	gamma	gamma	NOUN
fsr-3148	340	9	economy	economy	NOUN
fsr-3148	340	10	.	.	PUNCT
fsr-3148	341	1	slcg	slcg	PROPN
fsr-3148	341	2	working	working	PROPN
fsr-3148	341	3	paper	paper	NOUN
fsr-3148	341	4	(	(	PUNCT
fsr-3148	341	5	available	available	ADJ
fsr-3148	341	6	at	at	ADP
fsr-3148	341	7	http://www.slcg.com/	http://www.slcg.com/	NOUN
fsr-3148	341	8	)	)	PUNCT
fsr-3148	341	9	.	.	PUNCT
fsr-3148	342	1	edwards	edwards	PROPN
fsr-3148	342	2	,	,	PUNCT
fsr-3148	342	3	m.	m.	NOUN
fsr-3148	342	4	,	,	PUNCT
fsr-3148	342	5	&	&	CCONJ
fsr-3148	342	6	swidler	swidler	PROPN
fsr-3148	342	7	,	,	PUNCT
fsr-3148	342	8	s.	s.	PROPN
fsr-3148	342	9	(	(	PUNCT
fsr-3148	342	10	2005	2005	NUM
fsr-3148	342	11	)	)	PUNCT
fsr-3148	342	12	.	.	PUNCT
fsr-3148	343	1	do	do	AUX
fsr-3148	343	2	equity	equity	NOUN
fsr-3148	343	3	-	-	PUNCT
fsr-3148	343	4	linked	link	VERB
fsr-3148	343	5	certificates	certificate	NOUN
fsr-3148	343	6	of	of	ADP
fsr-3148	343	7	deposit	deposit	NOUN
fsr-3148	343	8	have	have	VERB
fsr-3148	343	9	equity	equity	NOUN
fsr-3148	343	10	-	-	PUNCT
fsr-3148	343	11	like	like	ADJ
fsr-3148	343	12	returns	return	NOUN
fsr-3148	343	13	?	?	PUNCT
fsr-3148	344	1	financial	financial	ADJ
fsr-3148	344	2	services	service	NOUN
fsr-3148	344	3	review	review	NOUN
fsr-3148	344	4	,	,	PUNCT
fsr-3148	344	5	14	14	NUM
fsr-3148	344	6	,	,	PUNCT
fsr-3148	344	7	305–318	305–318	NUM
fsr-3148	344	8	.	.	PUNCT
fsr-3148	345	1	glasserman	glasserman	NOUN
fsr-3148	345	2	,	,	PUNCT
fsr-3148	345	3	p.	p.	NOUN
fsr-3148	345	4	(	(	PUNCT
fsr-3148	345	5	2003	2003	NUM
fsr-3148	345	6	)	)	PUNCT
fsr-3148	345	7	.	.	PUNCT
fsr-3148	346	1	monte	monte	PROPN
fsr-3148	346	2	carlo	carlo	PROPN
fsr-3148	346	3	methods	method	NOUN
fsr-3148	346	4	in	in	ADP
fsr-3148	346	5	financial	financial	ADJ
fsr-3148	346	6	engineering	engineering	NOUN
fsr-3148	346	7	.	.	PUNCT
fsr-3148	347	1	berlin	berlin	ADJ
fsr-3148	347	2	:	:	PUNCT
fsr-3148	347	3	springer	springer	NOUN
fsr-3148	347	4	.	.	PUNCT
fsr-3148	348	1	hardy	hardy	ADJ
fsr-3148	348	2	,	,	PUNCT
fsr-3148	348	3	m.	m.	NOUN
fsr-3148	348	4	(	(	PUNCT
fsr-3148	348	5	2003	2003	NUM
fsr-3148	348	6	)	)	PUNCT
fsr-3148	348	7	.	.	PUNCT
fsr-3148	349	1	ratchet	ratchet	NOUN
fsr-3148	349	2	equity	equity	NOUN
fsr-3148	349	3	indexed	index	VERB
fsr-3148	349	4	annuities	annuity	NOUN
fsr-3148	349	5	.	.	PUNCT
fsr-3148	350	1	university	university	NOUN
fsr-3148	350	2	of	of	ADP
fsr-3148	350	3	waterloo	waterloo	PROPN
fsr-3148	350	4	working	working	PROPN
fsr-3148	350	5	paper	paper	NOUN
fsr-3148	350	6	.	.	PUNCT
fsr-3148	351	1	henderson	henderson	PROPN
fsr-3148	351	2	,	,	PUNCT
fsr-3148	351	3	b.	b.	PROPN
fsr-3148	351	4	,	,	PUNCT
fsr-3148	351	5	&	&	CCONJ
fsr-3148	351	6	pearson	pearson	PROPN
fsr-3148	351	7	,	,	PUNCT
fsr-3148	351	8	n.	n.	PROPN
fsr-3148	351	9	(	(	PUNCT
fsr-3148	351	10	2010	2010	NUM
fsr-3148	351	11	)	)	PUNCT
fsr-3148	351	12	.	.	PUNCT
fsr-3148	352	1	the	the	DET
fsr-3148	352	2	dark	dark	ADJ
fsr-3148	352	3	side	side	NOUN
fsr-3148	352	4	of	of	ADP
fsr-3148	352	5	financial	financial	ADJ
fsr-3148	352	6	innovation	innovation	NOUN
fsr-3148	352	7	:	:	PUNCT
fsr-3148	352	8	a	a	DET
fsr-3148	352	9	case	case	NOUN
fsr-3148	352	10	study	study	NOUN
fsr-3148	352	11	of	of	ADP
fsr-3148	352	12	the	the	DET
fsr-3148	352	13	pricing	pricing	NOUN
fsr-3148	352	14	of	of	ADP
fsr-3148	352	15	a	a	DET
fsr-3148	352	16	retail	retail	ADJ
fsr-3148	352	17	financial	financial	ADJ
fsr-3148	352	18	product	product	NOUN
fsr-3148	352	19	.	.	PUNCT
fsr-3148	353	1	the	the	DET
fsr-3148	353	2	journal	journal	NOUN
fsr-3148	353	3	of	of	ADP
fsr-3148	353	4	financial	financial	ADJ
fsr-3148	353	5	economics	economic	NOUN
fsr-3148	353	6	,	,	PUNCT
fsr-3148	353	7	100	100	NUM
fsr-3148	353	8	,	,	PUNCT
fsr-3148	353	9	227–247	227–247	NUM
fsr-3148	353	10	.	.	PUNCT
fsr-3148	354	1	hsieh	hsieh	PROPN
fsr-3148	354	2	,	,	PUNCT
fsr-3148	354	3	m.	m.	NOUN
fsr-3148	354	4	,	,	PUNCT
fsr-3148	354	5	&	&	CCONJ
fsr-3148	354	6	chiu	chiu	PROPN
fsr-3148	354	7	,	,	PUNCT
fsr-3148	354	8	y.	y.	PROPN
fsr-3148	354	9	(	(	PUNCT
fsr-3148	354	10	2007	2007	NUM
fsr-3148	354	11	)	)	PUNCT
fsr-3148	354	12	.	.	PUNCT
fsr-3148	355	1	monte	monte	PROPN
fsr-3148	355	2	carlo	carlo	PROPN
fsr-3148	355	3	methods	method	NOUN
fsr-3148	355	4	for	for	ADP
fsr-3148	355	5	valuation	valuation	NOUN
fsr-3148	355	6	of	of	ADP
fsr-3148	355	7	ratch	ratch	PROPN
fsr-3148	355	8	equity	equity	NOUN
fsr-3148	355	9	indexed	index	VERB
fsr-3148	355	10	annuities	annuity	NOUN
fsr-3148	355	11	.	.	PUNCT
fsr-3148	356	1	proceedings	proceeding	NOUN
fsr-3148	356	2	of	of	ADP
fsr-3148	356	3	the	the	DET
fsr-3148	356	4	2007	2007	NUM
fsr-3148	356	5	winter	winter	NOUN
fsr-3148	356	6	simulation	simulation	NOUN
fsr-3148	356	7	conference	conference	PROPN
fsr-3148	356	8	.	.	PUNCT
fsr-3148	357	1	king	king	PROPN
fsr-3148	357	2	,	,	PUNCT
fsr-3148	357	3	s.	s.	PROPN
fsr-3148	357	4	,	,	PUNCT
fsr-3148	357	5	&	&	CCONJ
fsr-3148	357	6	remolona	remolona	PROPN
fsr-3148	357	7	,	,	PUNCT
fsr-3148	357	8	e.	e.	PROPN
fsr-3148	357	9	(	(	PUNCT
fsr-3148	357	10	1987	1987	NUM
fsr-3148	357	11	)	)	PUNCT
fsr-3148	357	12	.	.	PUNCT
fsr-3148	358	1	the	the	DET
fsr-3148	358	2	pricing	pricing	NOUN
fsr-3148	358	3	and	and	CCONJ
fsr-3148	358	4	hedging	hedging	NOUN
fsr-3148	358	5	of	of	ADP
fsr-3148	358	6	market	market	NOUN
fsr-3148	358	7	index	index	NOUN
fsr-3148	358	8	deposits	deposit	NOUN
fsr-3148	358	9	.	.	PUNCT
fsr-3148	359	1	federal	federal	PROPN
fsr-3148	359	2	reserve	reserve	PROPN
fsr-3148	359	3	bank	bank	PROPN
fsr-3148	359	4	new	new	PROPN
fsr-3148	359	5	york	york	PROPN
fsr-3148	359	6	quarterly	quarterly	PROPN
fsr-3148	359	7	review	review	NOUN
fsr-3148	359	8	,	,	PUNCT
fsr-3148	359	9	11	11	NUM
fsr-3148	359	10	,	,	PUNCT
fsr-3148	359	11	9–20	9–20	NOUN
fsr-3148	359	12	.	.	PUNCT
fsr-3148	360	1	merton	merton	PROPN
fsr-3148	360	2	,	,	PUNCT
fsr-3148	360	3	r.	r.	PROPN
fsr-3148	360	4	(	(	PUNCT
fsr-3148	360	5	1973	1973	NUM
fsr-3148	360	6	)	)	PUNCT
fsr-3148	360	7	.	.	PUNCT
fsr-3148	361	1	theory	theory	NOUN
fsr-3148	361	2	of	of	ADP
fsr-3148	361	3	rational	rational	ADJ
fsr-3148	361	4	option	option	NOUN
fsr-3148	361	5	pricing	pricing	NOUN
fsr-3148	361	6	.	.	PUNCT
fsr-3148	362	1	bell	bell	PROPN
fsr-3148	362	2	journal	journal	PROPN
fsr-3148	362	3	of	of	ADP
fsr-3148	362	4	economics	economic	NOUN
fsr-3148	362	5	and	and	CCONJ
fsr-3148	362	6	management	management	NOUN
fsr-3148	362	7	science	science	NOUN
fsr-3148	362	8	,	,	PUNCT
fsr-3148	362	9	4	4	NUM
fsr-3148	362	10	,	,	PUNCT
fsr-3148	362	11	141–183	141–183	NUM
fsr-3148	362	12	.	.	PUNCT
fsr-3148	363	1	robinson	robinson	PROPN
fsr-3148	363	2	,	,	PUNCT
fsr-3148	363	3	m.	m.	NOUN
fsr-3148	363	4	(	(	PUNCT
fsr-3148	363	5	2012	2012	NUM
fsr-3148	363	6	)	)	PUNCT
fsr-3148	363	7	.	.	PUNCT
fsr-3148	364	1	finra	finra	PROPN
fsr-3148	364	2	examines	examine	VERB
fsr-3148	364	3	cds	cd	NOUN
fsr-3148	364	4	tied	tie	VERB
fsr-3148	364	5	to	to	ADP
fsr-3148	364	6	derivatives	derivative	NOUN
fsr-3148	364	7	as	as	SCONJ
fsr-3148	364	8	sales	sale	NOUN
fsr-3148	364	9	surge	surge	VERB
fsr-3148	364	10	to	to	ADP
fsr-3148	364	11	record	record	NOUN
fsr-3148	364	12	.	.	PUNCT
fsr-3148	365	1	bloomberg	bloomberg	PROPN
fsr-3148	365	2	news	news	PROPN
fsr-3148	365	3	,	,	PUNCT
fsr-3148	365	4	february	february	PROPN
fsr-3148	365	5	7	7	NUM
fsr-3148	365	6	,	,	PUNCT
fsr-3148	365	7	2012	2012	NUM
fsr-3148	365	8	.	.	PUNCT
fsr-3148	366	1	237	237	NUM
fsr-3148	366	2	g.	g.	PROPN
fsr-3148	366	3	deng	deng	PROPN
fsr-3148	366	4	et	et	PROPN
fsr-3148	366	5	al	al	PROPN
fsr-3148	366	6	.	.	PUNCT
fsr-3148	366	7	/	/	SYM
fsr-3148	366	8	financial	financial	ADJ
fsr-3148	366	9	services	service	NOUN
fsr-3148	366	10	review	review	VERB
fsr-3148	366	11	23	23	NUM
fsr-3148	366	12	(	(	PUNCT
fsr-3148	366	13	2014	2014	NUM
fsr-3148	366	14	)	)	PUNCT
fsr-3148	366	15	219–237	219–237	NUM