微信扫一扫
实时资讯全掌握
|
Which of the following scenarios is least likely when default correlations across a pool of collateralized securities increases? A. The probability of default in each tranche approximates the average expected default rate. B. The risk to junior tranches increases. C. The cash flow of the collateral pool increases. D. The probability of default increases to the risk-neutral probability of default. |