10-36 the Root Cause of Much of the Losses of FIs

question 55

Multiple Choice

10-36 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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Definitions:

Letter

A written or printed message, usually of a personal nature, intended to communicate between individuals or organizations.

Memo

A written message, usually in a business setting, intended to communicate information or instructions within an organization.

Face-to-Face Conversation

Direct interaction between two or more persons, where they communicate in each other's physical presence.

Location-sensing Capabilities

Refers to the technology in devices that allows them to determine and communicate their geographical position.