In the Moody's Analytics portfolio model, the risk of a loan measures
A. the product of the estimated loss given default and risk-free rate on a security of equivalent maturity.
B. annual all-in-spread minus the loss given default
C. annual all-in-spread minus the expected default frequency.
D. the product of the expected default frequency and the estimated loss given default.
E. the volatility of the loan's default rate around its expected value times the amount lost given default.
Ans: E. the volatility of the loan's default rate around its expected value times the amount lost given default.
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Which of the following involves costs that most likely occur during the commercialization stage of new product development?
A) building or renting a manufacturing facility B) paying target customers for product feedback C) determining the product's planned distribution D) developing a prototype of the product E) identifying target markets