Financial Institutions Typically Own Assets Equal to About 10 Times

question 83

Multiple Choice

Financial institutions typically own assets equal to about 10 times their actual worth.During the financial crisis of 2007-2009 some important financial firms were leveraged by more than:

• A)20 times their net worth
• B)30 times their net worth
• C)50 times their net worth
• D)75 times their net worth

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Humanist

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