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(a) What is meant by Liquidity Risk and what impact does it have on the yield rate? Give an example of a type of asset

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(a) What is meant by Liquidity Risk" and what impact does it have on the yield rate? Give an example of a type of asset that would have high liquidity risk. (1+0.5+0.5 = 2 marks_ (c) What is meant by Credit Risk"? Give an example of this risk and the impact it has on the yield rate. (1+0.5+0.5 = 2 marks) (c) You are given the following forward interest rates (all rates are j): zis = 4.6402%, sia = 5.1263% You are also given the following current interest rates (all rates are j2): 19 = %, is = 4.25%, 1y = y%. Calculate the value of x

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