How might you convert a mortgage-backed securities (MBS) portfolio into a creditrisk-based CDO using CDS contracts? What
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How might you convert a mortgage-backed securities (MBS) portfolio into a creditrisk-based CDO using CDS contracts? What should the CDS have as underlyings?
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If the MBS pool consists of insured mortgages without default risk credit risk corporate cred...View the full answer
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