问题
单项选择题
Which of the following circumstances is an example of event risk（）
A. A currency devalues due to foreign exchange market forces.
B. A local government regulatory agency introduces more stringent clean-water requirements that will significantly reduce the cash flow of an area paper mill.
C. The U. S. Federal Reserve unexpectedly increases interest rates by 100 basis points.
答案
参考答案：B
解析：
A local government regulatory agency introducing more stringent clean-water requirements that will significantly reduce the cash flow of an area paper mill is an example of regulatory risk, which is a type of event risk. The impact of regulatory risk can be long-term, in that the company may be unable to pass on the increased cost to customers.