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    Course Errors Found in 2021/2022 Study Materials P1.T4. Valuation & Risk Models

    Hi - on page 44 of 2022 FRM P1 Valulations and Risk Models, it says the probability of B rated bond defaulting in 5th year is 2.38%. But table 4.4 shows 2.45% at the intersection of 5 and B. Is this incorrect? Am I missing something in the calculation? Thanks Brian
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