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Sarah got a big raise at her job, so she bought herself a new truck. She knew it was a splurge, but she figured with her extra money coming in, it would be manageable. Unfortunately, her company had to cut her job the very next month, leaving Sarah with a new truck and no extra money to pay for it. What does this scenario BEST represent? income risk interest rate risk personal risk inflation risk

Respuesta :

300gang251

Answer:

income risk

Explanation:

income risk

she thought she had lots of income, so she took a risk

Hope this helps plz hit the crown

The correct option is A). Income Risk

What is Income Risk?

Income risk is the type of risk that the income stream paid by a fund will decrease in regards to a fall in interest rates.

Income risks mainly occur due to the unpredictability of the market and can impact the market value and cash flows from the security.

This risk is most prevalent in the money market.

Learn more about the Income Risk here:-

https://brainly.com/question/25143132

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