Basis risk can be defined as

Question $2$Select one:

a$.$

the risk that is inherent in equity portfolio allocation.

b$.$

the risk that is inherent in portfolio optimization.

c$.$

the risk that is inherent when a trader attempts to hedge a market position in an asset by adopting a contrary or opposite position in a derivative of the asset.

d$.$

the risk that is inherent by the provider of the risky asset.

Clear my choice