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(vi) (5 points) You invested in the equity tranche of CDO in 2018 with a 5 year maturity. The 2019 Covid pandemic pushed many households

(vi) (5 points) You invested in the equity tranche of CDO in 2018 with a 5 year maturity. The 2019 Covid pandemic pushed many households and firms into financial distress. How would the valuation of your portfolio change? (Your answer cannot be more than 50 words. Answers with more than 50 words will not be graded.)

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