NO.PZ2016082405000052
问题如下:
Collateral agreements could potentially create multiple risks, including liquidity and liquidation risks. Which of the following is most accurate regarding liquidity and liquidation risk?
选项: A. Liquidation risk occurs when the
amount of a security sold is large relative to its outstanding volume, which may
affect the price of that security.
B. Liquidity risk must be hedged in spot
and forward markets.
C. Liquidation risk embodies a
transaction cost when collateral is liquidated in accordance with an
independent amount.
D. Liquidity risk occurs when there are
potential pitfalls in the handling of collateral, including human error.
解释:
A Liquidating a security in an amount that is large relative to its typical trading volume may negatively impact its price, leading to a substantial loss.
请问老师,这两个概念具体是在哪里讲的?