Was trying to implement KMV model for PD estimation. One doubt, after estimating the DD (distance to default) how to map the same to Expected default frequency.
For example, “For a particular company we compute and get a DD of 3. To compute EDF, 2000 companies last year has a DD of 3, and 15...
Passed 2,1,3,1,1. Cannot even think about passing without David Harper CFA FRM. The question sample, study materials and forum covered all the subjects in depth. BT material plus GARP Books are sure to give you all good result.
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