Question: If Treasury bills average 1 . 4 7 % per year, Treasury bonds average 3 . 6 6 % per year, and AAA corporate bonds

If Treasury bills average 1.47% per year, Treasury bonds average 3.66% per year, and AAA corporate bonds average 5.33% per year from 2000-2016 period , estimate the default premium using the average Treasury bond rate and the AAA corporate bond rate .1.67%1.44%1.28%1.53%1.55%

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