Time: 20 to 30 minutes · You'll need: a calculator with powers (or a spreadsheet) · Builds on: Lesson 26 (and Lessons 14 and 20, Money Markets Lessons 2 and 3)
Warm-up
Check yourself
What turns a PT that "can't be liquidated" into one that can?
Check yourself
A lending market values PTs with a linear discount oracle. Which of these can still lower your PT's oracle price?