Verify that the numbers in the fourth column of table 235


Verify

(a) that the numbers in the second column of Table 23.4 are consistent with the numbers in Table 23.1 and

(b) that the numbers in the fourth column of Table 23.5 are consistent with the numbers in Table 23.4 and a recovery rate of 40%.

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Financial Econometrics: Verify that the numbers in the fourth column of table 235
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