Financial Risk Manager Part 1
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Ultimate access to all questions.
Based on the transition matrix provided, which statement is correct?
A
BBB loans have a 4.08% chance of being upgraded in one year.
B
BB loans have a 75.73% chance of staying at BB for one year.
C
BBB loans have an 88.21% chance of being upgraded in one year.
D
BB loans have a 5.72% chance of being upgraded in one year.