Which of the Following Statements Is Most Correct

Multiple Choice

Which of the following statements is most correct?

A) In reaction to the then developing 2007-2009 financial crisis, short-term interest rates declined sharply and were less than 100 percent by October, 2008.
B) In reaction to the then developing 2007-2009 financial crisis, short-term interest rates declined sharply and were less than 10 percent by October, 2008.
C) In reaction to the then developing 2007-2009 financial crisis, short-term interest rates declined sharply and were less than 5 percent by October, 2008.
D) In reaction to the then developing 2007-2009 financial crisis, short-term interest rates declined sharply and were less than .5 percent by October, 2008.
E) none of the above