FIN$41012025$SP Fxam $1$ Chi$-$Ch$3$

Name: Rallin Tilivet PMIT, RV$,$ PV and cempuhe the IVr.

$N=12$

$PNY=2\mathrm{.}65$

$PN=-102\mathrm{.}68$

$V=100$

$\frac{\text{I}}{Y}=2\mathrm{.}50\%2=5\%$ year, Suppose that investorn' recpovery rale upon default is ags, what lis four eopected return of this imevtment?

$BB=24\mathrm{.}50\%$

$21\mathrm{.}5015=2\mathrm{.}698=12$

$1-2\mathrm{.}654=-1\mathrm{.}454$

Trownt

un Bmal

$[$Apt$]$ What is the compensation for default of this bond?