It's a world-class lecture. All sophisticated concepts that I've faced and not totally understood for many years have been simply and clearly explained thanks to Jim!
@benpanyenful4 жыл бұрын
Around 14:29 , should the accumulated PD 5 be 4% instead of 0.4%? (40/1000=0.04)
@Amir-ln5qm4 жыл бұрын
this is a very good explanations thank you very much for your efforts.
@analystprep4 жыл бұрын
You are welcome! Good luck on the exam!
@zedricktorres3 жыл бұрын
27:50, I think that the probability of default is the normsdist of -5.5 which gives almost 0% PD