Bob, age 63, is looking to retire and live on his government and employer's pensions, supplemented by his non-registered investment portfolio. He understands that, at his age, he should consider fixed-income investments like bonds and GICs, but he remembers the distant days when people were getting 10% and 12% salary raises just to keep pace with the cost of living. He's afraid of being trapped with today's low interest rate investments. What type of investment risk is Bob most concerned about?

A) Credit risk 

B) Inflation risk 

C) Interest rate risk 

D) Market risk

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The correct answer is C Interest rate r... View the full answer