Question: Choose the correct answer: * a. Based on US GAAP, if a VIX spikes more than 10% per day, a company must assess the overall

Choose the correct answer: * a. Based on US GAAP, if a VIX spikes more than 10% per day, a company must assess the overall loss and recognize it on its financial statements within 3 days b. Based on US GAAP, if a VIX spikes more than 15% per day, a company must assess the overall loss and recognize it on its financial statements within 3 days c. Often the valuations of public companies increase when the VIX index increase d. The VIX is an Asset on the Balance Sheet and when it increases there must be an associated increase of a Liability or Equity account so that the Balance Sheet equation will hold e. All the answers above are incorrect

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