An analyst estimates that the hazard rate for a company is 0.1 per year. The probability of survival in the first year followed by a default in the second year is closest to:
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A
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B
9.00%
C
9.52%
D
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An analyst estimates that the hazard rate for a company is 0.1 per year. The probability of survival in the first year followed by a default in the second year is closest to: | Financial Risk Manager Part 2 Quiz - LeetQuiz