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2. Maple Leaf Mortgage Co. has the following partial balance sheet as of December 31, 2021 : All mortgages are long-term with maturity terms of

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2. Maple Leaf Mortgage Co. has the following partial balance sheet as of December 31, 2021 : All mortgages are long-term with maturity terms of 30 years. The mortgages are backed by collateral and have a 20% exposure rate. The default probability is calculated by averaging the previous 3 years of losses percentage. Losses percentage is calculated as follows: Write-offs/Average Accounts Receivable Additionally, the company determines its recovery rate by averaging the previous 5 years recoveries by the write offs. 2. Maple Leaf Mortgage Co. has the following partial balance sheet as of December 31, 2021 : All mortgages are long-term with maturity terms of 30 years. The mortgages are backed by collateral and have a 20% exposure rate. The default probability is calculated by averaging the previous 3 years of losses percentage. Losses percentage is calculated as follows: Write-offs/Average Accounts Receivable Additionally, the company determines its recovery rate by averaging the previous 5 years recoveries by the write offs

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