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Find the Inverse of the Matrix [2418129]\left[ \begin{array} { c c } - 24 & 18 \\- 12 & 9\end{array} \right]

question 7

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Find the inverse of the matrix [2418129]\left[ \begin{array} { c c } - 24 & 18 \\- 12 & 9\end{array} \right] (if it exists) .


Definitions:

SIVs

Structured Investment Vehicles, which are investment funds that manage a portfolio of income-generating assets by borrowing in short-term markets to invest in long-term securities.

Commercial Paper

Short-term, unsecured promissory notes, issued by companies, typically used for the financing of accounts receivable, inventories, and meeting short-term liabilities.

Mortgages

Loans specifically created for purchasing real estate, secured by the property itself, which is to be repaid along with interest over a predetermined period.

Mortgage-backed CDOs

Collateralized debt obligations that are secured by mortgage-backed securities as the underlying assets.

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