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Prior to the Financial Crisis That Began in 2007, Finance

Question 70

Multiple Choice

Prior to the financial crisis that began in 2007, finance companies


A) had experienced slow asset growth because of the upcoming economic slowdown.
B) had found subprime lending to be a risk-free method to achieve growth.
C) had experienced strong profit and loan growth, especially those companies that lend to less risky customers.
D) had experienced strong success in the area of electronic lending.
E) had avoided takeover attempts by other financial institutions.

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