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Term 1 3.63 Term 2 8.53 Term 3 13.52 Using the table above of cumulative default probabilities, what is the probability that the B-rated firm

Term 1 3.63

Term 2 8.53

Term 3 13.52

Using the table above of cumulative default probabilities, what is the probability that the B-rated firm will survive until the end of year 2? Please report your answer in percentage. For instance, 73.25% would be 73.25.

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be 7225 Wument Austion

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