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12. A high-quality loan book for Australian banks during the global financial crisis (GFC) meant that: A. their non-performing loans as a percentage of their

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12. A high-quality loan book for Australian banks during the global financial crisis (GFC) meant that: A. their non-performing loans as a percentage of their total domestic loan portfolio fell during the GFC. B. their non-performing loans as a percentage of their total domestic loan portfolio increased above 2 per cent during the GFC. C. Australian banks' profitability fell and Australian Fis were severely impacted by the GFC. D. Australian banks' profitability was maintained and Australian Fis were not severely impacted by the GFC

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