Question: A Treasury bond with a 6 . 2 5 percent coupon and maturing in 1 0 years has a yield to maturity = 6 .

A Treasury bond with a 6.25 percent coupon and maturing in 10 years has a yield to maturity =6.15 percent.
A bond issued by a BBB rated company with a coupon of 8.25 percent and maturing in 10 years has a yield to maturity of 8.90 percent.
What is default risk spread for the BBB bond?
Enter your answer below as a whole number in BASIS POINTS. For example, if your answer is 1.85%, enter it as 185.

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