in chapter 8, based upon a worst-case scenario, what was the calculated possible reduction of house prices that would NOT have a material impact on the London & Quadrant covenants?

A. 28% decrease in local authority financing cut

B. 15% overall building cost cut

C. An increase in Long Term LIBOR interest costs by 100 basis points which in turn reduce lending availability by opver 40%

D. 25% reduction in housing prices

E. None of the above