If a firm has a distance-to-default of 2,and we assume a normal distribution,then the probability of a firm defaulting is
A)1.1%
B)1.5%
C)2.1%
D)2.3%

Name: If a firm has a distance-to-default of 2,and we assume a normal distribution,then the probability of a firm defaulting is A)1.1% B)1.5% C)2.1% D)2.3%
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The Answer of If a firm has a distance-to-default of 2,and we assume a normal distribution,then the probability of a firm defaulting is
A)1.1%
B)1.5%
C)2.1%
D)2.3%

If a Firm Has a Distance-To-Default of 2,and We Assume