Which of the following are risks that arise when you hedge by buying a forward contract in imperfect financial markets?

Group of answer choices

Credit risk: the risk that the counterpart to a forward contract defaults.

Hedging risk: the risk that you are not able to find a counterpart for your forward contract if you want to close out early.

Concentration risk: the counterparty$$s market for its services is not diversified

Spot rate risk: the risk that the spot rate has changed once you have signed a forward contract.