What is the difference between portfolio risk and obligor


1. What is the difference between portfolio risk and obligor risk?

2. What is the advantage of bifurcation of the firm credit risk into business risk and financial risk?

3. Explain business risks.

4. What do you mean by financial risk? Explain the role of financial statements in the study of financial risk.

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Risk Management: What is the difference between portfolio risk and obligor
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