Pros and cons of a subprime market for residential mortgages

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1. Discuss the pros and cons of a subprime market for residential mortgages in the U.S.

2. In 150 to 200 words Explain what the yield curve is, what determines its shape, and how you can use the yield curve to help forecast future interest rates.

3. Describe how over-the-counter markets work.

Reference no: EM131964715

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