19 Credit risk for a commercial bank is the risk

a.Arising from fluctuations in asset prices

b.Arising from fluctuations in the economy's aggregate output

c.Arising from excessive customer withdrawals relative to the bank liquid assets

d.Arising from the risk that bank loans will not be repaid

20 A perpetuity is a financial asset that

a.Promises to make payments for ever

b.Has a finite present value

c.Its present value depends on the interest rate

d.All of the above