An analyst is examining a portfolio that consists of 2,500 subprime mortgages and 800 prime mortgages. Of the subprime mortgages, 500 are late on their payments. Of the prime mortgages, 64 are late on their payments. If the analyst randomly selects a mortgage from the portfolio and it is currently late on its payments, what is the probability that it is a subprime mortgage? | Financial Risk Manager Part 1 Quiz - LeetQuiz