单选题
编号：2695369
1. The liquidity premium can be best described as compensation to investors for the:
- A.Risk of loss relative to an investment's fair value if the investment needs to be converted to cash quickly.
- B.Increased sensitivity of the market value of debt to a change in market interest rates as maturity is extended.
- C.Possibility that the borrower will fail to make a promised payment at the contracted time and in the contracted amount.