Which of the following is NOT true about the GFC? Select one: a. The assumptions underlying the
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Question:
Which of the following is NOT true about the GFC? Select one:
a. The assumptions underlying the OD model about geographic diversification and correlations were flawed.
b. Systematic risk was identified as a critical risk that impacted the stability of the financial system.
c. The GFC has caused panic and stress in financial markets causing jumps in the levels of sentiment and stress indexes such as the VIX or the KCFSI.
d. The lack of transparency in the OD models led to the inability of vulture investors to access ABS products.
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