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a. Is there any exchange on which Swaps are traded? Critically evaluate the reasons of existence of swaps.(Max 250 words) (10 marks] b. Explain in

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a. Is there any exchange on which Swaps are traded? Critically evaluate the reasons of existence of swaps.(Max 250 words) (10 marks] b. Explain in detail the 'innovation in Mortgage market as one of the causes of financial crisis? (Max 250 words) [10 marks]

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