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Which of the following statements regarding contingent funding plans (CFPs) is correct?
A
CFPs are linked to liquidity stress tests through their limit structures.
B
CFPs are used for high-severity, high-frequency contingent liquidity events.
C
CFPs allow for a means to control contingent liquidity events in normal times.
D
Liquidity risk measures used during stressed times are a baseline for developing early warning indicators (EWIs) for CFPs.