The EAD is the value of the discounted future cashflows (CF) at the time of default.
With my calculations I do not get the EAD shown there starting from t=2. How do I replicate the the EAD in the table?
The following parameters are given in the calculation:
nominal amount: 1000 Duration: 6 years Interest rate: 10%. Effective interest rate: 10%. Date of payment of interest: Annual Credit structure: maturing loan