SECTION 4.1.1.5 WHITNEY HAS CORRECTLY OUTLINED THE THREE STEPS NECESSA...

5.) What are the two risks that Whitney is most likely exposed to, given his

recommendations on sectors?

A. Interest rate risk and contingent claim risk

B. Contingent claim risk and cap risk

C. Interest rate risk and cap risk

Answer = A

"Fixed-Income Portfolio Management – Part I," H. Gifford Fong and Larry D. Guin