Which of the following is the risk that an asset's sale price will be lower than its purchase price?

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Price risk refers to the risk that an asset's sale price will be lower than its purchase price. Default risk refers to the risk that the issuer of a debt instrument will not be able to make interest or principal payments. Liquidity risk refers to the risk of not being able to sell an asset quickly or at a fair price. Trading risk refers to the risk of losses due to fluctuations in market prices.

Which of the Following Is the Risk That an Asset's