Complete the sentence about Abu Dhabi Investment Authority with the correct year: The $7 billion investment in Citigroup has lost approximately 90% of its value as of 26 November ______, 2 years after it acquired a sizable stake in the bank.
Answer and explanation
Correct answer: C. 2009
The $7 billion investment in Citigroup had lost about 90% of its value as of 26 November 2009, two years after it was made. The investments came at the market peaks of 2007 and 2008.
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