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Your bond portfolio has a probability of default of 3%/year, loss given default of 60%, and a weighted average contractual rate of 5.5%/year. A) What
- Your bond portfolio has a probability of default of 3%/year, loss given default of 60%, and a weighted average contractual rate of 5.5%/year. A) What is the expected loss per year? B) What is the expected yield per year? (Your answers should be a % carried to one place.)
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
