what is up wid valuation of MBS & ABS ??

i mean we value these securities by a monte carlo simulation n still we need to study it like all softwares are on strike !!

lolz well we just need to understand the concept and the process but yeah I understand your frustration

I think the main points are: 1. How to differentiate the securities from one another 2. Determine when to use monte carlo or binomial valuation approach for each type of security 3. Risks involved for each type of security