Exercise

Fill in the blank

1. 1. The risk that the bond market will decline as a whole, dragging down the value of individual securities, is known as _____.
2. 2. The risk that an issuer’s creditworthiness could drop or that the issuer could default is _____.
3. 3. The risk that a new set of regulations could adversely affect the price of a bond is _____.
4. 4. The risk that a specific security will underperform the overall market is _____.
5. 5. The risk that an investor will have difficulty finding a buyer for a security is _____.
6. 6. The r