Question: Everyone wants you to refinance your home these days. In the past, approximately 2% of mortgage holders defaulted, leaving the bank unable to collect. The bank also found that the probability of missing a mortgage payment was 0.08 for customers who do not default. The probability of individuals missing a mortgage payment is 1.0, since otherwise they would not be in default. A customer missed a payment What is the probability this customer will default? (20 points).