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What does a negative Net Charge Off (NCO) Rate mean? a. NCO rates cannot be negative. O b. It is the credit losses as a

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What does a negative Net Charge Off (NCO) Rate mean? a. NCO rates cannot be negative. O b. It is the credit losses as a percent of assets on the balance sheet. c. It is normal for NCO rates to be negative during recessions. d. It indicates that more recoveries were received than expected in the period

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