2. The KMV model:* (2 Points) Dose not use the cumulative normal distribution to assign a probability to a firm to indicate its likelihood of default , which distinguishes it from the Merton model Dose not use the cumulative normal distributions to assign a probability to a firm to indicate is likelihood of default, like the Merton model Assigns a probability to a firm to indicate its likelihood of default by using the cumulative normal distribution , like the Merton model Assigns a probability to a firm to indicate its likelihood of default by using the cumulative normal distribution which distinguishes it form the Merton model