问题如下：
Liz Parker is a junior quantitative analyst who is preparing a report dealing with credit migration. An excerpt of her report contains the following statements:
I. Future default probability will likely increase over time, especially for periods far into the future.
II. When computing the default probability of a counterparty under a risk-neutral measure, we need to first determine the actual default probability.
Which of Parker's statements is (are) correct?
选项：
A.I only.
B.II only.
C.Both I and II.
D.Neither I nor II.
解释：
D Future default probability will likely decrease over time, especially for periods far into the future. This is because of the higher likelihood that the default will have already occurred at some earlier point. In computing the default probability of a counterparty under a risk- neutral measure, one needs to compute the theoretical market-implied probability; the actual default probability applies under a real (historical) measure.
所以statement i里面的future不是指的期货，指的是未来？
