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Assume company X has a one year zero coupon bond with a face value of $1,000, probability of default of 10% and loss given default
Assume company X has a one year zero coupon bond with a face value of $1,000,
probability of default of 10% and loss given default of 10%. Assume the government
one year zero coupon bond has a rate of 0%. What will be the current price of the
company X corporate bond?
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