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On January 14, 20X9, Melissa called her advisor after reading in the news that world stock markets had their worst start of any year in

On January 14, 20X9, Melissa called her advisor after reading in the news that world stock markets had their worst start of any year in history. Melissa had several registered and non-registered investments in segregated funds that invested 60% in foreign equity, 30% in domestic equity and 10% in bonds. She asked her advisor what current risk she was facing.

How should her advisor respond?

A.Foreign exchange risk.

B.Liquidity risk

C.Investment risk.

D.Market risk.

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