单选题 The risk that relates to the amount and timing of cash flows from a mortgage is known as:

A、

A. prepayment risk.
B、

B. default risk.
C、

C. liquidity risk.

【正确答案】 A

【答案解析】Default risk is the risk that the borrower will not pay back the amounts borrowed. Liquidity risk deals with the ability to sell a security easily at a fair price. Credit risk is the risk that the firm can pay debt obligations.