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The probability of default of a security over a 1 year period is 3%.

The probability of default of a security over a 1 year period is 3%. What is the probability that it would not have defaulted at the end of four years from now?

A.

11.47%

B.

88.53%

C.

12.00%

D.

88.00%

PRMIA 8008 Summary

  • Vendor: PRMIA
  • Product: 8008
  • Update on: Jul 29, 2025
  • Questions: 362
Price: $52.5  $149.99
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