Question
1)The following table shows cumulative default rates for years relative to the issuance of a bond by rating class.All numbers shown in the table are
1)The following table shows cumulative default rates for years relative to the issuance of a bond by rating class.All numbers shown in the table are in % form, so for instance the number 31.774 means 31.774%.
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
2nd Edition
0324289235, 9780324289237
