A financial analyst is trying to distinguish credit risk from market risk. A $100 loan collateralized with $200 in stock has limited ___, but an uncollateralized obligation issued by a large bank to pay an amount linked to the long-term performance of the Nikkei 225 Index that measures the performance of the leading Japanese stocks on the Tokyo Stock Exchange likely has more ___ than ___.
- Legal risk; market risk; credit risk
- Market risk; market risk; credit risk
- Market risk; credit risk; market risk
- Credit risk, legal risk; market risk
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