Finance Paper

FIN 470 Extra Credit Assignment

Optional Extra Credit Assignment is to write a detailed summary and critique (5-6 pages double space) on two issues that have been discussed in much detail over the past few years, which are mortgage-backed securities and the credit default swaps. You will need to find at least 8-10 articles on the above-mentioned issues to help form your argument.

-The first 2-3 pages should be used to explain exactly what mortgage backed securities (MBS) and credit default swaps (CDS) are and provide a summary of the 8-10 articles you found on the two topics. The remainder of the paper is to critique the articles and compare it to items we have gone over in class. Also build an opinion of how MBS and CDS will impact banks as well as the overall economy. You must attach a reference page including all sources used in the paper.

-Can earn up to 12 points on your lowest test grade, although it will be difficult to obtain a grade of 12 without significant work. This means that it will be doubtful for anybody to receive a perfect 10 score (to do a good job will need to spend at least 8 and maybe more on this, so do not wait until the last minute). Obviously the better and more articles you choose the better your grade will be.

-Papers that I deem not worth at least a grade of 6 or 50% will be given a grade of 0. In other words, don’t waste my time with an extremely poor effort. Also, make sure to proof read your work and do not turn in your first or second draft.

-The due date for the extra credit is one week before the final exam.