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Suppose the principal writedowns on the underlying mortgage pool continue at the same rate as those observed in September 2008. How long will it be
Suppose the principal writedowns on the underlying mortgage pool continue at the same rate as those observed in September 2008. How long will it be until tranche B is completely wiped out?
The question is based on the case : Betting on failure:profiting from defaults on subprime mortgaged.
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