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Discuss the risks of roll vs . hold from the perspective of the investor? Why does the dollar roll market exist? Explain this using all
Discuss the risks of roll vs hold from the perspective of the investor? Why does the dollar roll market exist? Explain this using all participants in both
the primary and secondary markets, from the prospective mortgagor to the mortgage bank, to the dealer and investor in the secondary market. Pay attention to hedging motives of each participant, as well as their goals. Use textbox and tablesdiagrams as needed
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