Multiple Choice
Patrick Jones is interested in purchasing a 65" LED TV for his living room.Patrick knows that right now the TV will cost approximately $500.He is not sure he can afford this TV right now but is worried that if he waits,the cost of the TV will rise to $800.Which type of risk is Patrick worried about?
A) Inflation risk
B) Interest rate risk
C) Income risk
D) Personal risk
E) Liquidity risk
Correct Answer:
Verified
Correct Answer:
Verified
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