Question: D Question 6 1 pts An FI has set a maximum loss of 3 percent of total capital as a basis for setting concentration
D Question 6 1 pts An FI has set a maximum loss of 3 percent of total capital as a basis for setting concentration limits on loans to individual firms. If it has set a concentration limit of 25 percent to a firm, what is the expected loss rate for that firm? Convert your answer to percentage format. Enter your answer rounded to 2 decimals, and without any units. So, for example, if your answer is 3.4568%, then just enter 3.46.
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