Problem Set #1 Chapter 1: 1. Financial engineering has been disparaged as nothin
Problem Set #1 Chapter 1: 1. Financial engineering has been disparaged as nothing more than paper shuffling. Critics argue that resources used for rearranging wealth (that is, bundling and unbundling financial assets) might be better spent on creating wealth (that is, creating real assets). Evaluate this criticism. Are any benefits realized by creating an array […]