The report should explain how the 2008 financial crisis and subsequent events have impacted the selected financial instrument. What has changed (e.g., prices, yields, correlations, regulation, trading volume, liquidity, dealer inventory, volatility)? Are they more or less stable? What risks do you see for your financial instrument in the next future?1. The main text of the final report should be no more than 12 typed pages, using 1.5 spacing and a standard 12-point font. 2. The report should include a 1-page executive summary. 3. Figures and tables do not count towards the page limit. 4. The report should use primary sources only and all material should be properly cited in the text and with footnotes. 5. A complete list of references should be included at the end of the report. 8 6. The report should include an accurate description of the financial instrument(s) and markets involved, including pricing, trading, and settlement conventions. 7. The project must involve data collection and original data analysis (e.g., regression results, correlations). 8. The report should be uploaded on both the Blackboard assignment link and the Blackboard Turnitin assignment link. All projects will undergo a Turnitin originality analysis.