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Northern Rocks business model led the bank to a collapse because of its large exposure to _________________ and the increase in ________. a. Wholesale funding;
Northern Rocks business model led the bank to a collapse because of its large exposure to _________________ and the increase in ________.
a. Wholesale funding; default rates
b. Wholesale funding; Interest rates;
c. Retail funding; securitization;
d. Retail funding; regulation;
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