Question
Ten year German government bond yield is 1.6 %. The yield for Betaland's government bond is 4.1%. These are annual yields. Assuming German government bond
Ten year German government bond yield is 1.6 %. The yield for Betaland's government bond is 4.1%. These are annual yields. Assuming German government bond risk-free, what is the expected probability of default of Betaland for the next 10 years? Present your answer in percent without inserting percentage sign (%).
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Finance Operations
Authors: Charles Finley
1st Edition
1491292423, 978-1491292426
