Question

By March 2008, the notational value of credit derivative products in the commercial banking industry hit its peak at approximately $16.44 trillion. In 2012, the notational value of these products was approximately

A. $8.9 trillion.

B. $10.6 trillion.

C. $13.6 trillion.

D. $15.7 trillion.

E. $18.1 trillion.

Answer

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