During the financial crisis of 2007-2009,the VIX

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During the financial crisis of 2007-2009, the VIX reached a level of 80, which was a record high at the time. This reflects the high market volatility and uncertainty during the crisis. Option A is incorrect as the VIX was not stable during the crisis. Option B is incorrect as the VIX cannot fall to zero as it is a measure of volatility. Option C is also incorrect as the VIX has never recorded negative values.

During the Financial Crisis of 2007-2009,the VIX