The following is a schedule of historical defaults (yearly and cumulative) experienced by an Fl manager on a portfolio of commercial and mortgage loans. Years after Issuance Loan Type 1 Year 2 Years 3 Years 4 Years 5 Years Commercial: Annual default | 0.00% | Cumulative default Mortgage: 0.50% -| 0.30% 0.10% |- 1 0.80% Annual default | 0.10% | 0 2596 | 0.60% 0.80% 1.6496 | a. Complete the blank spaces in the table b. What are the probabilities that each type of loan will not be in default after 5 years? c. What is the measured difference between the cumulative default (mortality) rates for commercial and mortgage loans after four years