Risk is a measure of uncertainty about the possible future payoffs of an investment. It is measured
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Risk is a measure of uncertainty about the possible future payoffs of an investment.
It is measured over some time horizon, relative to a benchmark.
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Yes that statement accurately captures the essence of risk Risk can be defined as the degree of uncertainty or variability associated with the potenti...View the full answer
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Jinah Patricia Padilla
Had an experience as an external auditor in Ernst & Young Philippines and currently a Corporate Accountant in a consultancy company providing manpower to a 5-star hotel in Makati, Philippines, Makati Diamond Residences
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Related Book For
Money Banking And Financial Markets
ISBN: 9781260226782
6th Edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
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