credit-rating-scales

  1. David Harper CFA FRM

    P1.T4.20. Credit rating scales: migration (transition) matrix

    AIMs: Describe what a rating scale is ... credit migration (transition) matrix [not in 2012 AIMs, but added as GARP consistently queries in sample papers] Questions: 20.1. The following actual, recent rating transition (aka, migration) matrix gives the transition probabilities of corporate...
Top