Question: Under the Expected Default Frequency model (EDF), Distance to default of a firm is increased by ________________ and decreased by ______________ a. firm debt, asset
Under the Expected Default Frequency model (EDF), Distance to default of a firm is increased by ________________ and decreased by ______________
a.
firm debt, asset volatility.
b.
asset volatility, asset value.
c.
firm debt, time to maturity.
d.
asset value, asset volatility.
e.
asset value, firm debt.
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