If the Hazard Rate Is $$\lambda = 0.2$$ ,The Risk-Free Rate Is Zero,then If the Price of a Rate

question 13

Multiple Choice

If the hazard rate is $$\lambda = 0.2$$ ,the risk-free rate is zero,then if the price of a one-year $100 face value discount bond is $85,then what is the expected recovery rate $$\phi$$ on default of the bond?

• A)17%
• B)24%
• C)40%
• D)55%

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The final phase of adolescence, typically occurring from ages 15 to 18, marked by significant psychological and physical development.

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