Question
Suppose that the risk-neutral probability of default is 0.31 and the recovery rate is 0.24. Both these values are stated as decimals. What is the
Suppose that the risk-neutral probability of default is 0.31 and the recovery rate is 0.24. Both these values are stated as decimals. What is the approximate spread? Round your answer to two decimal places and state as a decimal.
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Remittances And International Development
Authors: Sabith Khan, Daisha Merritt
1st Edition
0367521881, 978-0367521882
