If contract rate for a one period loan is 1165 what is the, Financial Management

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If contract rate for a one period loan is 1165 what is the

If contract rate for a one period loan is 11.65%, the expected recovery in event of default is 20%, and the financial institution requires that the expected return on the loan equal the risk free rate of 3.125%, what is the probability of default on the loan?

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Financial Management: If contract rate for a one period loan is 1165 what is the

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Financial Management: If contract rate for a one period loan is 1165 what is the

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