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<strong>BAM</strong> <strong>313</strong> <strong>Unit</strong> 1 <strong>Essay</strong> <strong>Exam</strong> (<strong>CCU</strong>)<br />
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<strong>BAM</strong> <strong>313</strong> <strong>Unit</strong> 1 <strong>Essay</strong> <strong>Exam</strong> (<strong>CCU</strong>)<br />
1. One of the causes of the recent financial crisis in the <strong>Unit</strong>ed States has been excessive risk taking due to<br />
underestimation of risk. <strong>Exam</strong>ine how this relates to financial leverage. Can<br />
overestimation of risk also be detrimental?
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