For example, during the U.S. savings and loan crisis in the 1980s, many institutions ____________ assets with market values above book and continued to hold assets with book values above market.
A. sold off
B. sold out
C. underwrote
D. wrote off
Answer:A
For example, during the U.S. savings and loan crisis in the 1980s, many institutions ____________ assets with market values above book and continued to hold assets with book values above market.
A. sold off B. sold out C. underwrote D. wrote off