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23. An economic downturn lead to your AAA bonds to be downgraded to A and now sell at i=11.11%. If you need $10 million of
23. An economic downturn lead to your AAA bonds to be downgraded to A and now sell at i=11.11%. If you need $10 million of mark to market bonds, how many do you need (round to the nearest 500)? Compared to the above question, how much more costly/cheaper is your collateral
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