V Probability

that an actual return on an

investment will be different from
expected return.
V t is the risk that effects all the sectors of
economy
.
V t influences a large number of assets.

V Also called „

.

V tis risk that effects only a singe
company or a sector of an economy

V Also called p p
 or 
„

 

.
V t refers to the risk that a country won't
be able to honor its financial
commitments.
V Country risk applies to stocks, bonds,
mutual funds, options and futures that are
issued within a particular country.
V Mhe risk of an investment's value
changing due to changes in currency
exchange rates.
V Also known as "currency risk" or
"exchange-rate risk".