微信扫一扫
实时资讯全掌握
|
In the KMV approach, the distance to default (DD) is: A. estimated based on the value of debt issues. B. the distance between the mean earnings and the debt service payments. C. the multiple of free cash flow divided by interest and principal payments. D. the number of standard deviations between the mean of the firm's asset value distribution and a specified default point. |