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Course: Risk Management & Insurance Which of the following is the definition of credit risk? A. The risk that parties to which the firm has

Course: Risk Management & Insurance

Which of the following is the definition of credit risk?

A. The risk that parties to which the firm has lent money will default B. The risk that a firm won't be able to get credit from lenders C. The risk that a firm won't have sufficient funds to make payments to its creditors. D. Uncertainties due to possible changes in input prices

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