Describe an interest rate risk you face in your personal life. How is it different from a credit risk? Which is easier to manage?

Describe an interest rate risk you face in your personal life. How is it different from a credit risk? Which is easier to manage? Explain your answer.

Describe an interest rate risk you face in your personal life. How is it different from acredit risk? Which is easier to manage? Explain your answer.150 WordsAnswer:I bought a 5% bond with…