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SIE: Risk & Portfolio Management
SIE practice questionmediumLiquidity risk

An investor in thinly-traded small-cap stocks is concerned about which risk when selling?

  1. AReinvestment risk
  2. BInflation risk
  3. CLiquidity risk✓ Correct answer
  4. DBusiness risk
Explanation

Why CLiquidity risk

Small-cap stocks often have less trading volume, making them harder to sell at a fair price—this is liquidity risk. The other risks do not directly relate to marketability.

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