داستان آبیدیک

selective default


فارسی

1 حسابداری و مالی:: نکول انتخابی

In the case of our single loan, the spread of the distribution is quite large, with a variance of 99, which implies a standard deviation (SD) of about $10 million. The SD, however, is now $3 million, much less than before. The expected loss is still $1 million, but the SD is now $1 million, even lower. Finally, the fourth panel considers a thousand loans of $100,000, which create a SD of $0.3 million. SD[CL] = {p(1 - p) � $100� {N

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