Choose the statement that is incorrect.
A) A financial? institution's net worth is the market value of what it has lent minus the market value of what it has borrowed.
B) If a financial? institution's net worth is? positive, the institution must be solvent and liquid.
C) A financial institution can be solvent but illiquid.
D) A financial institution is illiquid if it has made? long-term loans with borrowed funds and is faced with a sudden demand to repay more of what it has borrowed than its available cash.