Albert just purchased a $1,000, 5.4%, 10-year bond when he heard about his friend Charlie who just bought a similar bond at $1,000; 9.5%, 10-year bond. What kind of risk did Albert just experience?

A) Interest rate
B) Market
C) Financial
D) Business

Answer: A

Business

You might also like to view...

A referral is intended for a patient to give it to friends and family members to take advantage of opportunities that a medical office provides

Indicate whether the statement is true or false.

Business

One of the four categories of NoSQL databases used in the text is the Column Family database

Indicate whether the statement is true or false

Business