Question: The risk that a borrower may not repay on a timely basis. The borrower may make late payments or even default on the credit. In

The risk that a borrower may not repay on a timely basis. The borrower may make late payments or even default on the credit. In that event, you will receive only a portion (or none) of the money you invested. This is called

: a. market risk

b. Interest rate risk

c. Credit risk

d. Liquidity risk

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