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Calculate the expected and unexpected credit losses on a loan of $750,000 given the following information: Percentage drawn: 90% The probability of default is 3%.

Calculate the expected and unexpected credit losses on a loan of $750,000 given the following information:

Percentage drawn: 90%

The probability of default is 3%.

The estimated loss given default is 60% with a standard deviation of 40%.

Drawdown on default is 50%.

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