Question: From 1 9 8 0 to 2 0 1 3 , the default risk premium differential between Aaa - rated bonds and Aa - rated

From 1980 to 2013, the default risk premium differential between Aaa-rated bonds and Aa-rated bonds has averaged between ________.
36 to 50 basis points
24 to 35 basis points
11 to 23 basis points
5 to 10 basis points

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