贷款的敞口不是不变吗

问题如下：

In 2000, Bank A made a loan to start-up company B after investigation. During 2000-2004, Company B grew fast, and it pays interest on time. Unfortunately, Company B closed down due to expanding sharply in 2005. At first, Bank A expected the loss of Company B would not exceed $1,000,000. But in 2005, Bank A suffered the total loss of Company B was $2,000,000. This is an example of credit risk, and it results from

选项：

A.

Probability of defalut increase

B.

A higher than expected loss severity arising from a lower than expected recovery at the time of default.

C.

A higher than expected loss severity arising from a higer than expected exposure at the time of default.

D.

The payment of funds for goods or services that have already been rendered.

解释：

C is correct.

考点：Credit risk

解析：考察的是Credit risk的常见的来源，本题中因为公司创立之初给的风险敞口较小，因此设定的贷款损失较小，后来随着公司的扩张，信用风险敞口逐渐增加。