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1. Repeating the exact same method, we have done in the lecture, extract the Turkey default hazard rate (default intensity) from Turkey CDS Curve and

1. Repeating the exact same method, we have done in the lecture, extract the Turkey default hazard rate (default intensity) from Turkey CDS Curve and U.S. Risk Free Rate Curve (Treasury Curve) provided below (Real data for Dec 23). Choose a maturity and do the analysis for that specific maturity. Use recovery rate as 40%. CDS US Risk Free Rate Maturity Spread Maturity Rate 1Y 2.1540% 1Y 0.0913% 2Y 2.5629% 2Y 0.1209% 3Y 2.8325% 3Y 0.1673% 4Y 3.0768% 4Y 0.2662% 5Y 3.3144% 5Y 0.3630% 7Y 3.5213% 7Y 0.6458% 10Y 3.6285% 10Y 0.9256% 20Y 3.8445% 20Y 1.4576% 30Y 3.9862% 30Y 1.6626%

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