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    Exam 31: Reduced-Form Models of Default Risk
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    Suppose the Default Intensity of a Firm Is 0
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Suppose the Default Intensity of a Firm Is 0

Question 23

Question 23

Multiple Choice

Suppose the default intensity of a firm is 0.10.What is the five-year survival probability of the firm closest to?


A) 45%
B) 50%
C) 55%
D) 60%

Correct Answer:

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