Portfolio Theory has proven to be remarkably accurate in the idea that,whereas a single large subprime
borrower constituted significant risk,a portfolio of subprime borrowers which was securitized did not.
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Q13: Mortgage debt as a percentage of household
Q14: From the 1930s to the 1990s,_ banks
Q15: _ mortgage loans are generally considered low-risk
Q16: A (an)_ is a financial intermediation device
Q17: In general,securitization tends to improve credit quality
Q19: A _ is a derivative instrument created
Q20: Which of the following repealed the last
Q21: Most commodity prices rose in the first
Q22: Traditionally Alt-A mortgages have a default rate
Q23: Beginning in September 2008 and extending into
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