In Table 1110 , the CMR over 3 years for CCC-rated corporate bonds is 36.52 percent. Check
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In Table 11–10 , the CMR over 3 years for CCC-rated corporate bonds is 36.52 percent.
Check this calculation using the individual year MMRs. LO.1
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Financial Institutions Management A Risk Management Approach
ISBN: 9780073530758
7th Edition
Authors: Anthony Saunders, Marcia Cornett
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