5. Suppose you defined the rating as a security-level expected loss. How would you implement this definition

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5. Suppose you defined the rating as a security-level expected loss. How would you implement this definition in your cash flow model? What numerical benchmarks would you use as a mapping for the ratings?

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Elements Of Structured Finance

ISBN: 9780195179989

1st Edition

Authors: Ann Rutledge, Sylvain Raynes

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