All of the statements below are not false, except:

I. Changes in interest rates represent a risk for both borrowers and investors because of diminishing investment prospects and increased cost of borrowing;

II. Failure to pay accounts receivable on time by customers may have a significant negative impact on the capital base of a company;

III. Companies involved in cross-border trades are subject to FX risks;

IV. It is essential for banks to assess the creditworthiness of customers to mitigate the credit risk;

V. Liquidity is an important consideration only for a central bank as it takes care of the availability of funds within a financial system.

Select one:

a.

All of the statements are false

b.

Only I

c.

Only II and V

d.

All of the statements are true

e.

Only V