Last answered:

25 Oct 2021

Posted on:

24 Oct 2021

0

Definition of recovery rate

I have a question as to how recovery rate is calculated. Thanks.
recovery rate = recoveries/funded amount  or
recovery rate = recoveries/remaining balance at default

1 answers ( 0 marked as helpful)
Instructor
Posted on:

25 Oct 2021

0

Hi Helena,
It should be the first option:
Recovery rate = Recovered amount / Funded amount
Best,
Ned

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