第一题的答案,如果对不上就不好了,下载前请和书本对一下,谢谢。
Solutions for End-of-Chapter Questions and Problems: Chapter One
1. Identify and briefly explain the five risks common to financial institutions.
Default or credit risk of assets, interest rate risk caused by maturity mismatches between assets and liabilities, liability withdrawal or liquidity risk, underwriting risk, and operating cost risks.
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