Yahoo.com reported that the yield for corporate bonds with 10 years to maturity on October 19, 2007,
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Yahoo.com reported that the yield for corporate bonds with 10 years to maturity on October 19, 2007, was \(5.39 \%\) for AAA rated bonds and \(5.66 \%\) for AA rated bonds. At the time, the 10 -year on-the-run Treasury rate was \(4.49 \%\). Compute the two credit spreads.
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Related Book For
Foundations Of Financial Markets And Institutions
ISBN: 9780136135319
4th Edition
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
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