1. You currently
have a variable-rate mortgage, and want a fixed-rate mortgage
instead. Which derivative would you use to do this, without having
to sell your home?
2. According to our
lectures, which of the following assets is most likely to be
undervalued?
3. Which of the
following is NOT a valid critique of Bitcoin?
4. Suppose that a
5-year bond has a face value of $1,000, along with an annual coupon
of $50. You purchase it for $1,250. What is your yield?
5.
10. Which of the
following is NOT true of the Lucas model?
1. You currently have a variable-rate mortgage, and want a fixed-rate mortgage instead. Which derivative would you use t
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