Only (b) and (c) are true.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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 The "mark to market" rule
   
(a) Created an unrealistic picture of the financial health of some banks.
   
(b) Required banks to recognize in their balance sheet decrease in value of assets as their price declined in the market, instead of waiting until the asset was sold.
   
(c) Caused the net worth of some banks to decline significantly and making it impossible for the banks to make loans.
   
(d) All the above.
   
(e) Only (b) and (c) are true.
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