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BC Bank has lent a loan of $20,00,000 to KY company who is involved in international trading business. The company has an A rating from
- BC Bank has lent a loan of $20,00,000 to KY company who is involved in international trading business. The company has an A rating from the internal rating conducted by the bank according to the changes in the industry. In order to meet up with the political and economic issues the government has announced a rule that no company will conduct any trading business with the foreign countries and due to this the KY company incurs a loss. Determine ABC Ltd will undergo which type of credit risk?
- - Market Risk.
- - Country Risk.
- - Credit Default Risk.
- - Contemporary Risk.
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
5th Edition
0078034663, 978-0078034664
