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1.If the loss given a default is 60%, the expected rate of return on a 5% corporate bond with a 2.5% probability of default is
1.If the loss given a default is 60%, the expected rate of return on a 5% corporate bond with a 2.5% probability of default is closest to:
a.4.00%
b.3.50%
c.3.00%
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Practical Financial Management
Authors: William R. Lasher
6th Edition
1439080496, 978-1439080498
