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حسابداری و مالی::
احتمال مشترک
TABLE 18-2 Joint Probabilities
b) Since the subsidiary defaults when the parent defaults, the joint probability is sim- ply that of the parent defaulting.
ect the joint probability of default.
If the two events are independent, the joint probability is 5% � 1% = 0.05%.
With independence, the joint probability of 10 no defaults is (1 - 5%)10 = 60%.
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