the question is clear under the table

Cyert and Associates (1963). Bank 1 offers loans which are either paid v the payment on a loan id delayed by more than 4 quarters (1 year), Bank debt and writes it off. The following table provides a sample of Banks's Cyert and Associates (1963). Bank 1 offers loans which are either paid when due or are delayed. If the payment on a loan id delayed by more than 4 quarters (1 year), Bank 1 considers the loan a bad debt and writes it off. The following table provides a sample of Banks s 1 past experience with loans. Express Bank's 1 situation as a Markov chain. Cyert and Associates (1963). Bank 1 offers loans which are either paid v the payment on a loan id delayed by more than 4 quarters (1 year), Bank debt and writes it off. The following table provides a sample of Banks's Cyert and Associates (1963). Bank 1 offers loans which are either paid when due or are delayed. If the payment on a loan id delayed by more than 4 quarters (1 year), Bank 1 considers the loan a bad debt and writes it off. The following table provides a sample of Banks s 1 past experience with loans. Express Bank's 1 situation as a Markov chain