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A borrower utilized $3m of a credit line of $4m. The bank estimates the firm's probability of default at 1.5%, the usage given default at

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A borrower utilized $3m of a credit line of $4m. The bank estimates the firm's probability of default at 1.5%, the usage given default at 75% and recovery rate of 60%. The standard deviation of the probability of default is 5%, and the standard deviation of the loss given default is 20%. What fraction does the unexpected loss represent

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