6. Risk managers look to which of the following to assess interest-rate risk: A. Duration B. Convexity C. Liquidity D. All of the above 7. Value at Risk (VaR) has the following shortcoming (8): A. Low VaR can create incentives to take on more risk and leverage B. It fails to indicate maximum loss C. It does not differentiate among the liquidity of market risk factors D. All of the above 8. Best practices in credit risk management include the following, except: A. Integrated credit-exposure measurement B. Reliance on credit ratings C. Advanced credit risk management tools D. Active portfolio management