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What is the function of the network 1 2 7 . 0 . 0 . 1 ? A It broadcasts to all hosts on the

What is the function of the network 127.0.0.1?
A It broadcasts to all hosts on the current network.
It is reserved for loopback tests.
It is interpreted to mean all networks.
It is used by Cisco routers to designate the default route.
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