Final answer please

12. There are 5 bonds in a credit default swap basket. The probability of default for each of the bonds is 4%. The probability of any one bond defaulting is completely independent of what happens to the other bonds in the basket. What is the probability that exactly one bond defaults? (final answer (3 Points Enter your answer 13. Consider shares of common stock whose current value is $120.00. over the past 15 years, historical data show that monthly returns to holders of these shares have averaged 0,65 percent per month, and the monthly standard deviation has been 10.59 percent Ata 99 percent level of confidence, How large a loss might occur on this stock during the next month? (final answer) * (3 Points) Enter your