Which of the Following Statements Is True

question 30

Multiple Choice

Which of the following statements is true?

• A)Cumulative default probability is the probability that a borrower will default over a specified multi-year period.
• B)Cumulative default probability is the probability that a borrower will default in any given year.
• C)Marginal default probability is the probability that a cluster of borrowers will default over a specified multi-year period.
• D)None of the listed options are correct.

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Definitions:

Schizophrenia

A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, often characterized by episodes of psychosis.

Incompatible Motivations

Desires or goals that conflict with one another, making it difficult or impossible to achieve them simultaneously.

Behavioural Impulses

Behavioural impulses are spontaneous urges to act in certain ways, often without conscious deliberation, driven by psychological or physiological needs.

Conflict

A situation or process that involves opposing actions or viewpoints, leading to a state of tension or disagreement.