Question: Google Inc. has a 1 0 year fixed - coupon bond with 8 years til maturity with a 5 % coupon rate paid annually which

Google Inc. has a 10 year fixed-coupon bond with 8 years til maturity with a 5% coupon rate paid annually which is trading at a price of $937.90. The risk free rate is currently 1.5%. What is the risk premium for this bond?

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