Question: What is the default loss with a 7% default rate and a 89% recovery rate? (please put your answer in percent points e.g. 2.5% =
What is the default loss with a 7% default rate and a 89% recovery rate? (please put your answer in percent points e.g. 2.5% = 2.5; 0.25% = 0.25)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
