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    Financial Institutions Management
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    Exam 15: Market Risk
  5. Question
    The Root Cause of Much of the Losses of FIs
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The Root Cause of Much of the Losses of FIs

Question 34

Question 34

Multiple Choice

The root cause of much of the losses of FIs during the financial crisis of 2008-2009 was


A) interest rate risk.
B) market risk.
C) sovereign risk.
D) firm-specific risk.
E) systematic risk.

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