At present, 10-year Treasury bonds are yielding 5 percent, while a 10-year corporate bond is yielding 7
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At present, 10-year Treasury bonds are yielding 5 percent, while a 10-year corporate bond is yielding 7 percent. If the liquidity-risk premium on the corporate bond is 0.5 percent, what is the corporate bond’s default-risk premium?
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Related Book For
Foundations Of Finance
ISBN: 9781292318738
10th Global Edition
Authors: Arthur Keown, John Martin, J. Petty
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