Which type of risk is based on the financial integrity of a bond issuer?

Question

Quizplus · Accepted Answer

Business risk is the type of risk that is associated with the financial integrity of a bond issuer. It refers to the risk that the issuer may not be able to make interest payments or repay the principal amount due to financial difficulties or bankruptcy. Liquidity risk, call risk, and interest rate risk are all different types of risks that are not related to the financial integrity of the bond issuer.

Which Type of Risk Is Based on the Financial Integrity