15. The National Bank of Richmond is worried because one of their largest business customers has decided to take their deposits of $5,000,000 out of the bank. What type of risk is this bank concerned about? O a. Liquidity risk O b. Operational risk O c. Credit risk O d. Exchange risk
15. The National Bank of Richmond is worried because one of their largest business customers has decided to take their deposits of $5,000,000 out of the bank. What type of risk is this bank concerned about? O a. Liquidity risk O b. Operational risk O c. Credit risk O d. Exchange risk
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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15. The National Bank of Richmond is worried because one of their largest business customers has decided to take their deposits of $5,000,000 out of the bank. What type of risk is this bank concerned about? O a. Liquidity risk O b. Operational risk Oc Creditrisk O d. Exchange risk
Transcribed Image Text:15. The National Bank of Richmond is worried because one of their largest business customers has decided to
take their deposits of $5,000,000 out of the bank. What type of risk is this bank concerned about?
O a. Liquidity risk
O b. Operational risk
O c. Credit risk
O d. Exchange risk
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