From a lenders perspective, balloon risk can best be described as a type of: A . extension
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From a lender’s perspective, balloon risk can best be described as a type of:
A . extension risk.
B . contraction risk.
C . interest rate risk.
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Related Book For 
Fixed Income Analysis
ISBN: 9788126563128
3rd Edition
Authors: Barbara S. Petitt, Jerald E. Pinto, Wendy L. Pirie, Bob Kopprasch
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