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Which of our five principles that form the foundations of finance can be most associated with the 2007-08 financial crisis/meltdown? & why? Cash flow is

Which of our five principles that form the foundations of finance can be most associated with the 2007-08 financial crisis/meltdown? & why?
1. Cash flow is what matters
2. Money has a time value
3. Risk requires a reward
4. Market prices are generally right
5. Conflicts of interest cause agency problems

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