Market risk is:
a. The chance that financial assets cannot be sold quickly and without substantial loss of value.
b. The chance of a change in the market value of a security due to changes in macroeconomic variables, such as interest rates or exchange rates.
c. The risk that credit cannot be expanded by the banking system due to a central bank regulation.
d. The chance that borrowers will be unable or unwilling to repay their debts.
.B
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Connecting all efficient points, we find the ____________
Fill in the blank(s) with the appropriate word(s).
Studies of U.S.-Canadian free trade have concluded that free trade produced what effect on Canadian firms?
a. increased productivity b. decreased productivity c. no change in productivity d. could not be determined