Expected percent of default for all loans

Reference no: EM13150001

A small loan company finds 12% of its loans are defaulted for an average of 20% of the loan value. What is the expected percent of default for all their loans?

Reference no: EM13150001

Questions Cloud

Find point estimate of difference between population means : What is the point estimate of the difference between the population means? What is the 95% confidence interval estimate of the difference between the population means?

Describe the resulting symptoms and possible consequences : Describe the resulting symptoms and possible consequences.

Club account for the decline in value : Club Co. appropriately uses the equity method to account for its investment in Chip Corp. As of the end of 2008, Chip's common stock had suffered a significant decline in fair value, which is expected to be recovered over the next several months. ..

How many grams of nh3 can be produced : At a temperature of 415 C and a pressure of 725 mmhg , how many grams of NH3 can be produced when 4.10 L of NO2 react?

Expected percent of default for all loans : A small loan company finds 12% of its loans are defaulted for an average of 20% of the loan value. What is the expected percent of default for all their loans?

Percent is closest to probability three customers arrive : Drive-up window is six per hour at noon on a typical monday. What percent is closest to the probability that exactly three customers arrive on a given noon hour on a typical monday?

Which statements about the human brain is true : Which of the following statements about the human brain is true.

Nebraska and virginia each have 100 acres : Suppose the two states decide that they want to produce 590 units of wheat together (not 590 units of wheat each). What is the maximum amount of cotton that they could produce?

Expected extra cost due to returns per unit : A mail order company finds 18% of the purchases of a particular item are returned. The company estimates each return costs $0.70 in transportation and extra handling. What is the expected extra cost due to returns per unit of this item?

User Account

All Pages