Question
A managed fund client has $100m credit line with Gotham Bank. Currently the client has utilized about $20m of the line. If history shows
A managed fund client has $100m credit line with Gotham Bank. Currently the client has utilized about $20m of the line. If history shows that similar clients/products have a Credit Conversion Factor (CCF) of 35% during default period, how much is the EAD for this loan? How about AUF?
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