• Appraise Bank of America's existing risks for the previous five years.
• Evaluate the strengths and weaknesses of the three main risk transfer methods - hedging, insuring, and diversifying, respectively.
• Which risk transfer method would you recommend to Bank of America for potential risks that might be caused by United States economic situations such as high inflation, high unemployment, high interest rates, or an unexpected financial crisis? Why?
• Which risk transfer method would you recommend to Bank of America for potential risks that might be caused by the global economic situations such as a foreign-exchange risk, a sudden unexpected global financial crisis, or economic instability? Why?
• Evaluate any upcoming, predictable risks of Bank of America and provide appropriate risk transfer method(s).

Answer rating: 100% (QA)

Its important to note that I dont have realtime data access or the ability to pull specific historical risk profiles for Bank of America for the past five years However I can provide a general approac... View the full answer