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QUESTION

Make an argument related to mortgage-back securities (MBS) that either supports or does not support that the benefits outweigh the costs.

  • Make an argument related to mortgage-back securities (MBS) that either supports or does not support that the benefits outweigh the costs. In what ways is the trading of MBS similar and different from trading of corporate bonds?
  • Do you feel there exists sufficient governance over the debt and equity markets to ensure market participants are sufficiently protected? When does buyer beware matter?

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