Flat hazard rate
Key Flat hazard rate in Credit Curve refers to the flat hazard rate.
Defined as the instantaneous default probability per unit of time, conditional on prior no default.
Enter .04 for a 4% rate.
Key Flat hazard rate in Credit Curve refers to the flat hazard rate.
Defined as the instantaneous default probability per unit of time, conditional on prior no default.
Enter .04 for a 4% rate.