Why correlation analysis is important for a risk manager? If the JDP between asset X and asset
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Why correlation analysis is important for a risk manager?
If the JDP between asset X and asset Y is 0.0085% and PD of asset X is 0.80% and PD of asset Y is 0.25%, the default correlation between two assets would be
a)
b) >0% but
c) >1% but
d) >5%
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Related Book For 
Basic Statistics For Risk Management In Banks And Financial Institutions
ISBN: 9780192849014
1st Edition
Authors: Arindam Bandyopadhyay
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