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Consider the following information for three companies ($ millions). Determine expected credit loss for each company. Company Chance of Default Loss given default 10% $3,000
Consider the following information for three companies ($ millions). Determine expected credit loss for each company. Company Chance of Default Loss given default 10% $3,000 25% $2,000 U 40% $1,000 O Expected credit loss of company A = $300, Company B = $200, Company C = 100 O Expected credit loss of company A = $1200, Company B = $800, Company C = 400 O Expected credit loss of company A = $3000, Company B = $2000, Company C = 1000 O Expected credit loss of company A = $300, Company B = $500, Company C = 400
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