Close Window Question 13 of 25 Moving to another question will save this response Question 13 A points Saw Imagine that you have two bonds that you are considering pooling and tranching into a CDO. Each bond pays out $1.000 at the end of the period and each and will del 20 time. In case of default, each bond pays nothing. The bond defaults are independent. The default probability of the junior tranche from Cois Question 13 of 25 > Moving to another question will save this response. ose Wind $ 5 T Y R