Question
Regarding Betting on Failure: Profiting from Defaults on Subprime Mortgages (Kellogg) If the principal writedowns on the underlying mortgage pool continue at the same rate
Regarding "Betting on Failure: Profiting from Defaults on Subprime Mortgages" (Kellogg)
If the principal writedowns on the underlying mortgage pool continue at the same rate as the ones observed in September 2008, how long will it take for tranche B to be wiped out? Why?
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
