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Question 2 (10 points): The following table shows the marginal default probability of a company over different periods (s, t) where s and t are

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Question 2 (10 points): The following table shows the marginal default probability of a company over different periods (s, t) where s and t are measured in year. S (0,1] (1,2) (2,3) P(s, t) 0.0187 0.0347 0.0872 Find cp(1), cp(2) and cp(3)

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