Write a critical analysis on 2007-2008 financial crisis that had hit the United State financial market and had severely affected powerful economies of the world. Please

finance multi-part question

Proper referencing in APA format is must
Text size 12-Times New Roman only.
Avoid plagiarism
You must give 100/100 correct solutions
Avoid using paraphrasing programs or websites
You must provide a correct answer 100/100
You must do the solution in the same attached file
You must do the solution in the same attached file
Requirements: 10
College of Administrative and Financial Sciences
Assignment 2
Risk Management (FIN-301)
Due Date: 13/02/2023 @ 23:59
For Instructors Use only
General Instructions PLEASE READ THEM CAREFULLY
The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
Learning Outcomes:
Assignment 2 Questions: Week 7 & Week 8 (15 Marks)
Q.1. Write a critical analysis on 2007-2008 financial crisis that had hit the United State
financial market and had severely affected powerful economies of the world. Please
include the following points in your writing. (8 Marks)
Introduction of the crisis
Causes of the crisis
Whom to blame for the crisis.
Conclusion
Q.2. How is market risk measured? Describe the common methods of estimating VaR?
Discuss the advantages and disadvantages of each method. (4 Marks)
Q.3. Describe the stress testing and scenario analysis in risk management. Discuss the
benefits and Limitations. (3 Marks)
Answer: