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1) There are three sets of financial securities that impacted the LTCM portfolio? Name the three sets of securities and briefly define each. 2) If

1) There are three sets of financial securities that impacted the LTCM portfolio?

Name the three sets of securities and briefly define each.

2) If the equity stake in the company was down 1/3 from January 1998

to about $3 billion, what was the equity stake in January 1998?

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