The probabilities that bond A,B,C and D will pay every one of their coupons along with the redemption value are 50%,70%,80% and 60% respectively.What is the probability that at least three of the bonds will fully meet their obligations?
A)39.4%
B)56.2%
C)85.6%
D)98.8%

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The Answer of The probabilities that bond A,B,C and D will pay every one of their coupons along with the redemption value are 50%,70%,80% and 60% respectively.What is the probability that at least three of the bonds will fully meet their obligations?
A)39.4%
B)56.2%
C)85.6%
D)98.8%

The Probabilities That Bond A,B,C and D Will Pay Every