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Hello
Can anybody help to guide how to answer these questions?
Thank you.
Edited by Nicole to include questions (please include questions in text format instead of an attachment):
1 What is the probability that a firm rated A will default in 1 year?
2 What is the probability that a firm rated A will default in 2 year?
3 What is the probability that a firm rated A will default in 3 year?
4 What is the probability that a firm rated A will default on the first year?
5 What is the probability that a firm rated A will default on the second year?
6 What is the probability that a firm rated A will default on the third year?
Can anybody help to guide how to answer these questions?
Thank you.
Edited by Nicole to include questions (please include questions in text format instead of an attachment):
1 What is the probability that a firm rated A will default in 1 year?
2 What is the probability that a firm rated A will default in 2 year?
3 What is the probability that a firm rated A will default in 3 year?
4 What is the probability that a firm rated A will default on the first year?
5 What is the probability that a firm rated A will default on the second year?
6 What is the probability that a firm rated A will default on the third year?
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