All of the following are major sources of uncertainty EXCEPT
A) business risk.
B) financial risk.
C) default risk.
D) country risk.
E) liquidity risk.

Question

Quizplus · Accepted Answer

Business risk, financial risk, country risk, and liquidity risk are all major sources of uncertainty in the financial world. However, default risk is not a major source of uncertainty, as it is essentially a measure of the likelihood that a borrower will fail to repay a debt. While default risk can be a concern for lenders, it is a relatively straightforward form of risk to assess and manage compared to other sources of uncertainty.

All of the Following Are Major Sources of Uncertainty EXCEPT