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Why did the default risk dramatically increase during the 2007-2009 financial crisis? Group of answer choices A)Because the overall risk level decreased. B)Because of the
Why did the default risk dramatically increase during the 2007-2009 financial crisis?
Group of answer choices
A)Because the overall risk level decreased.
B)Because of the high level of defaults.
C)Because of the low level of defaults.
D)Because the risk-free rate decreased tremendously.
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