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Find the expected loss rate for a loan balance of $50,000 with a 4% probability of default and a loss-given-default rate of 30%. 1.5% 1.4%
Find the expected loss rate for a loan balance of $50,000 with a 4% probability of default and a loss-given-default rate of 30%.
1.5% | ||
1.4% | ||
1.3% | ||
1.2% |
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