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Title: Is this book a joke?
Review: A book written on "valuation of swaps and swaptions" is obviously not for the lay man. I was extremely disappointed to go through this book, which seems to be fit for 5th graders. It's a shame that a supposed leading thinker like Fabozzi can write such a shallow, meaningless book. Mr. Fabozzi, please name one practitioner who cares to use this good-for-nothing book of yours. Perhaps a better title for the book would have been, "Swaps and swaptions for dummies".
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