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You are required to provide answers to the following Question. The answers Must be paraphrased, in detail with minimum 350 words. All works should be

You are required to provide answers to the following Question. The answers Must be paraphrased, in detail with minimum 350 words. All works should be "detailed with proper references".

  1. Explain what it is a mortgage backed security (MBS) and how it is functions. Discuss how these securities caused 2008 USA financial crisis? Note: Your answers should be detailed with proper references.

PLEASE MENTION THE REFERENCE

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