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Question 283 pts What was the fundamental problem with LTC that led to its collapse? Group of answer choices It was too big to fail,
Question 283 pts
What was the fundamental problem with LTC that led to its collapse?
Group of answer choices
It was too big to fail, so it began taking excessive risks.
It had borrowed too much on the capital markets.
It was using trading strategies that did not address the risk of the instruments it was trading.
It began trading in the currency markets where it had no experience.
None of these answers.
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