Question
The one year Treasury Bond yield is 6% and one year B-rated corporate bond yield is 10%. What are the implied probability of repayment and
The one year Treasury Bond yield is 6% and one year B-rated corporate bond yield is 10%. What are the implied probability of repayment and the default rate on two-year B-rated debt?
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
9781118800720, 1118492676, 1118800729, 978-1118492673
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