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Warren Buffet famously said, You only find out who is swimming naked when the tide goes out. The quote, in part, means that when the

Warren Buffet famously said, "You only find out who is swimming naked when the tide goes out." The quote, in part, means that
when the equity market is increasing, it hides many weaknesses of businesses. What type of risk is this quote referring to?
Select one
A. Financial risk.
B. Business risk.
C. Market risk.
D. Interest rate risk.
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