1. Compare the yield offered on a T-bill with the yield offered
by another money market security with a similar maturity. What is
the difference in yields? Why do you think the yields differ? (10
points)
2. Explain why mortgage originators have been criticized for
their behavior during the credit crisis. Should other participants
in the mortgage securitization process have recognized the lack of
complete disclosure in mortgages? (10 points)
1. Compare the yield offered on a T-bill with the yield offered by another money market security with a similar maturity
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