I am analyzing the two Bear Stearns funds that collapsed in the financial crisis back in 2007.
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Question:
They already had bought credit default swaps and cant really be 100 % hedged to make a profit?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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