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Regarding the case, Betting on Failure: Profiting from Defaults on Subprime Mortgages (Kellogg) Show the changes to the table in Exhibit 5 change when 1.
Regarding the case, "Betting on Failure: Profiting from Defaults on Subprime Mortgages (Kellogg)"
Show the changes to the table in Exhibit 5 change when
1. the principal received is $10/month (with the principal reductions remain as is)
2.the wrtiedowns associated with earlier defaults are $20/month beginning in six months (with the principal received remains as $5/month)
Link to case: https://www.coursehero.com/u/file/25888040/9-Betting-on-Failure-Profiting-from-Defaults-on-Subprime-Mortgagespdf/#question
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