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1. Assignment 1: Individual assignment (Word limit: 1,200 words)

You are expected to read beyond textbooks and able to apply the knowledge gain from real life examples either from your working environment or/and case studies read, and are able to demonstrate your competence in the areas indicated in the questions. You are encouraged to provide specific in-depth comments instead of general comments.

CASESTUDY:

FINANCIAL CRISIS, HOME MORTGAGES, CREDIT MARKETS, FINANCIAL INSTITUTIONS, MORAL HAZARD, ADVERSE SELECTIONS,

Go to the following website:

http://wps.prenhall.com/bp_mishkin_finmkts_7/181/46377/11872605.cw/content/index.html

Provide the answers to the anticipated questions 1 to 4 listed at this website.

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