Consider Two Firms with One-Year Probabilities of Default Of $$p _ { 1 } = 0.10$$

question 24

Multiple Choice

Consider two firms with one-year probabilities of default of $$p _ { 1 } = 0.10$$ and $$p _ { 2 } = 0.05$$ ,respectively.The correlation of default of these two firms is $$\rho = 0.30$$ .What is the probability that both firms default in one year?

• A)1.0%
• B)1.5%
• C)2.0$
• D)2.5%

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Secondary Tissue

Secondary tissue refers to the tissues in plants that are produced after primary growth, mainly including the xylem and phloem that contribute to the plant's thickness.

Scales

Small, rigid plates forming the outer skin covering in fish and reptiles, serving as protection and support.

Cork Cambium

A type of meristem found in the bark of plants that produces cork cells to provide protection and reduce water loss.

Periderm

A protective outer layer of tissue in plants, replacing the epidermis in parts of the stems and roots, consisting of the cork, cork cambium, and phelloderm.