Rating transitions:

One$-$Year Transition Probabilities for BBB$-$Rated Borrower

$\backslash$table$[[$Rating$,$Transition Prob.$],[$AAA$,0\mathrm{.}02],[$AA$,0\mathrm{.}33],[$A$,],[$BBB$,5\mathrm{.}95],[$BB$,86\mathrm{.}93],[$B$,5\mathrm{.}3],[$CCC$,1\mathrm{.}17],[$Default$,0\mathrm{.}12]]$

From the above table: What is the probability of a loan upgrade? A loan downgrade?