Multiple Choice
The major source of risk exposure resulting from issuance of standby letters of credit is
A) technology risk.
B) interest rate risk.
C) credit risk.
D) foreign exchange risk.
E) off-balance-sheet risk.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q84: The merger of Citicorp with Travelers Insurance
Q85: Historically credit card loans have had very
Q86: Foreign exchange risk is that the value
Q87: Diversification in the loan portfolio of an
Q88: The risk that could disrupt business of
Q90: Millon National Bank has 10 million British
Q91: Direct foreign investment and foreign portfolio investment
Q92: The asset transformation function potentially exposes the
Q93: To be immunized against foreign currency and
Q94: Sovereign risk can be effectively controlled through