A Singaporean bank makes a one-year loan to an Australian corporate borrower at 6 percent annual interest. The loan is funded by issuing 5-year bonds in the US at 4 percent annual coupon rate. Currently, spot exchange rates are 1.02 Singaporean Dollar per AUD and 0.74 US dollar per Singaporean dollar. The bank is exposed to :

Group of answer choices

a.foreign exchange risk only.

b.interest rate risk only.

c.interest rate , foreign exchange risk and liquidity risk.

d.credit risk only.

e.interest rate risk, foreign exchange risk and credit risk.