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1. Compare the yield offered on a T-bill with the yield offered by another money market security with a similar maturity. What is the difference
1. Compare the yield offered on a T-bill with the yield offered by another money market security with a similar maturity. What is the difference in yields? Why do you think the yields differ? (10 points)
2. Explain why mortgage originators have been criticized for their behavior during the credit crisis. Should other participants in the mortgage securitization process have recognized the lack of complete disclosure in mortgages? (10 points)
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