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The expected probability of default in year 1 is 5.33% (d1 )and in year 2 it is 7.38% (d2). Calculate the cumulative probability of default

The expected probability of default in year 1 is 5.33% (d1 )and in year 2 it is 7.38% (d2). Calculate the cumulative probability of default between now and year 2

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