Lester McCann wants to invest but is worried about risk.In particular,he is worried that the money he invests today will not buy as much ten years from now.What type of risk concerns Lester?
A)Inflation risk
B)Interest rate risk
C)Business failure
D)Market risk
E)Global investment

Question

Quizplus · Accepted Answer

Inflation risk is the concern that the money invested today will not have as much purchasing power in the future due to rising prices. This is exactly what Lester is worried about.

Lester McCann Wants to Invest but Is Worried About Risk