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The following table shows the marginal default probability of a company over different periods (s, t) where sand tare measured in year. Find cp(1), cp(2)
The following table shows the marginal default probability of a company over different periods (s, t) where sand tare measured in year.
![(0,1] (1,2] (2,3 P(s, t) 0.0187 0.0347 0.0872](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2022/04/6268d78963595_1651038089084.png)
Find cp(1), cp(2) and cp(3).
(0, 1] (1,2) (2, 3 P(s, t) 0.0187 0.0347 0.0872
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Quantitative Methods For Business
Authors: Donald Waters
5th Edition
273739476, 978-0273739470
