NO.PZ2024121001000049
问题如下：
Which of the following risks is most specific to private equity investments compared to public equity investments?
选项：
A.Market risk
B.Liquidity risk
C.Liquidity risk
解释：
- Market risk and interest rate risk affect both public and private equity investments. Market risk is related to overall market movements, and interest rate risk impacts the cost of capital and valuation.
- Liquidity risk is more specific to private equity. Private equity investments typically have longer holding periods and limited opportunities for early exit compared to public equity, where shares can be traded more easily on public exchanges.
- So the answer is B. This means that investors in private equity may face challenges in converting their investments into cash quickly without significant price concessions.
如题
