Question: LTCM failure in 1 9 9 8 _ _ _ _ _ _ _ _ _ _ _ _ Multiple Choice was the result of

LTCM failure in 1998____________
Multiple Choice
was the result of taking too much risk risk due to too low leverage ratio
due to risky invetments in subprime mortgage backed secureities
a classic example of a solvency crisis
investing too heavily in tech bubble stocks
was due a liquidity crisis

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