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The Following Information on the Mortality Rate of Loans as Estimated

Question 18

Multiple Choice

The following information on the mortality rate of loans as estimated by an FI: The following information on the mortality rate of loans as estimated by an FI: If the cumulative mortality rate in year 3 is 3.46 percent for the B-rated loan, what is its yearly mortality rate in year 3? A) 1.25 percent. B) 1.21 percent. C) 1.00 percent. D) 0.90 percent. E) 0.875 percent. If the cumulative mortality rate in year 3 is 3.46 percent for the B-rated loan, what is its yearly mortality rate in year 3?


A) 1.25 percent.
B) 1.21 percent.
C) 1.00 percent.
D) 0.90 percent.
E) 0.875 percent.

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