NO.PZ2018070201000030
问题如下:
Which of the following is closely associated with liquidity risk?
选项:
A.The default probability.
B.Uncertainty of the valuation spread.
C.The variable financial market.
解释:
B is correct.
The liquidity risk is caused by uncertainty of valuation spread. The risk is that this spread cost might increase dramatically as a result of either changing market conditions or attempting to maintain a position significantly larger than the normal trading volume for the stock.
不确定的价值传播?