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1. Term structure for credit risk (Multi- period). Consider the following data and information. If a company holds a BBB rating and seeks a 3-year
1. Term structure for credit risk (Multi- period). Consider the following data and information. If a company holds a BBB rating and seeks a 3-year loan from a local bank, and if the bank uses a term structure approach to assess loans to companies with a benchmark of 95% probability of repayment, would this loan application be approved under the provided credit scoring criteria
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