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Regarding banking industry trends that lead to the liquidity crisis, which of the
following statements is correct?
AAsset-liability maturity mismatch refers to the purchase of short-term assets through short-term financing.
BBanks use commercial paper and long-term bonds to finance the purchase of long-term assets.
CManagement of asset-liability maturity mismatch refers to risk transference through asset securitization.
DThe subprime mortgage crisis reached its peak in June and July of 2007.
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