NO.PZ2023021601000087
问题如下:
Liquidity risk is most associated with: (原版书)选项:
A.the probability of default. B.a widening bid–ask spread. C.a poorly functioning market.解释:
Liquidity risk is also called transaction cost risk. When the bid–ask spread widens, purchase and sale transactions become increasingly costly. The risk arises from the uncertainty of the spread.c错在哪儿??