LeetQuiz Logo
Privacy Policy•contact@leetquiz.com
© 2025 LeetQuiz All rights reserved.
Financial Risk Manager Part 2

Financial Risk Manager Part 2

Get started today

Ultimate access to all questions.


In a thorough assessment of migration risk, a risk analyst from a rating agency examines the actual defaults within a particular rating category for corporate issuers. Originally, at the end of 2016, this rating category contained 348 issuers. The following table displays the number of issuers that did not default over the next three years:

YearCount of Non-Defaulting Issuers by Year's End
2016348
2017339
2018333
2019329

Assuming no new issuers were added to this rating category throughout the observation period, what is the calculated 1-year incremental probability of default for the year 2019?

Exam-Like



Powered ByGPT-5