garp20-p1-65
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Basic Math Associated with Poisson Process
In the following GARP 2020 Practice Exam question #65, we use the Poisson process for defaults at 1 and 0. 65. An analyst on the fixed-income trading desk observed that the number of defaults per year in the bond portfolio follows a Poisson process. The average number of defaults is four per...- nicholasjalonso
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- garp20-p1-65
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- Forum: P1.T2. Quantitative Methods (20%)