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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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