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Homework answers / question archive / What is default risk? Risk of exchange rate Risk of a counterparty Natural disasters Risk of non-payment Risk as the result of force major
What is default risk? Risk of exchange rate Risk of a counterparty Natural disasters Risk of non-payment Risk as the result of force major
The correct answer is d)
Risk of non payment
Default risk is known as the risk which a lender takes on the chance that a borrower will not be able to make the required payments on their debt obligation.
