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【FRM每日一题】二级:信用风险测量与管理(6)

【FRM每日一题】二级:信用风险测量与管理(6)

备考FRM二级  |  2015-11-16

    A company has a constant 7% per year probability of default. What is the probability the company will be in default in three years?

    A. 7%

    B. 19.6%

    C. 21%

    D. 22.5%

    Answer: B

    The probability that the firm will be in default in three years = 1- (1-0.07)3 = 19.6%


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