What was the derivative used in the program why would the, Finance Basics

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What was the derivative used in the program why would the

Question: Check the Internet or other sources and answer the following questions:

a. Briefly describe the Troubled Asset Relief Program (TARP) program of the US government.

b. What was the derivative used in the program? Why would the US government trade such a "toxic thing" as a derivatives contract?

c. How would you approach the pricing of the security used in the TARP?

d. Discuss the success of the program to date.

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