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Ex. 2 Calculate the combined default risk for company A and B from a combined bond issue of A and B: Company Bond issue (mn)
Ex. 2 | ||||
Calculate the combined default risk for company A and B from a combined bond issue of A and B: | ||||
Company | Bond issue (mn) | Default options | ||
A | 80 | 2% | ||
B | 115 | 3% | ||
Which of the 2 company increased the most its default risk, A or B ? By how much ? | ||||
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