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A French investor has purchased bonds denominated in Swiss francs that have been issued by a Swiss corporation with a mediocre credit rating. Which of

A French investor has purchased bonds denominated in Swiss francs that have been issued by a Swiss corporation with a mediocre credit rating. Which of the following is a source of risk for this investment?

  1. Interest rate risk on a Swiss francs
  2. Currency risk
  3. Credit risk
  4. A and b only
  5. A, b, and c

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