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When considering the performance of Northern Rock within its peer group of banks, which of...

When considering the performance of Northern Rock within its peer group of banks, which of the following is not correct?

A.

Only a few months previously it had reported record profits.

B.

The quality of its' assets was never in question.

C.

For many years it was regarded as a star-performer in the financial markets.

D.

Its' loan loss record was poor by industry standards.

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