Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) According to KMV, default correlations tend to be low and lie between 0.002 and 0.15.
B) According to KMV, default correlations tend to be high and lie between 0.42 and 0.65.
C) According to KMV, default correlations vary and thus no particular range can be stated.
D) None of the listed options are correct.