1-7 The risk that the sale price of an asset will be less than the purchase price of an asset is called liquidity risk.

Name: 1-7 The risk that the sale price of an asset will be less than the purchase price of an asset is called liquidity risk.
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The risk that the sale price of an asset will be less than the purchase price of an asset is actually market risk. Liquidity risk refers to the risk of not being able to sell an asset quickly enough or at a fair price.

1-7 the Risk That the Sale Price of an Asset