Question: Which statement is not true about the CreditRisk Plus model? O It assumes the correlation between the defaults on any pair of loans is zero

Which statement is not true about the CreditRisk Plus model? O It assumes the correlation between the defaults on any pair of loans is zero O It assumes the probability of any individual loan defaulting in the portfolio of O It is appropriate for analyzing the default risk on large portfolios of smal town It assumes the frequency of default events follows normal distribution

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