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If the default probability of a bond is 10%, and the recovery rate is 60%. what should be the expected loss of the bond? 5%
If the default probability of a bond is 10%, and the recovery rate is 60%. what should be the expected loss of the bond?
5%
4%
6%
7%
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Entrepreneurial Finance And Accounting For High-Tech Companies
Authors: Frank J Fabozzi
1st Edition
0262336901, 9780262336901
