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What is the expected payoff on a $2,000 sale that has a 30% profit margin if there is a 20% probability of default?
What is the expected payoff on a $2,000 sale that has a 30% profit margin if there is a 20% probability of default?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
8th Edition
0324259700, 978-0324259704
