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samualson samualson
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6 years ago
The recent financial crises was exacerbated by
A) managers who overestimated risk and hence did not invest sufficient funds.
B) managers who underestimated the real risks of their decisions and borrowed excessively.
C) a lack of financial leverage that made U.S. firms less competitive in world markets.
D) extremely high interest rates in the United States that stifled investment.
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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DeanaRayDeanaRay
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samualson Author
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#2
6 years ago
Helps a lot... Now I'm ready for my quiz
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