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Which of the following can be a result of financial distress for an investment bank? I.Loss of a valuable banker II.Losses of sales due to
Which of the following can be a result of financial distress for an investment bank?
I.Loss of a valuable banker
II.Losses of sales due to losses of clients (account holders)
who are not willing to deal with the overleveraged bank
III.Cash flow losses due to higher exchange rate with Chinese currency
I only
I and II only
I, II and III
II only
I and III only
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