NO.PZ2016031002000076
问题如下：
Which of the following is most accurate about the investors who have a short investment horizon?
选项：
A. Compared with reinvestment risk, they are more concerned with market price risk.
B. Compared with the risk of market price, more concern is paid on the reinvestment risk.
C. They both focus on market price risk and reinvestment risk.
解释：
A is correct.
Coupon reinvestment risk matters more when the investor has a long-term horizon while market price risk matters more when the investor has a short-term horizon.
不好意思，怎么之前记着的是短期投资所以面临着投资到期后需要重新投资，所以再投资风险大这么个逻辑呢？
