Question: please help asap before 11:59pm 3. Problem 6.04 (Default Risk Premium) A Treasury bond that matures in 10 years has a yield of 4.50%. A
3. Problem 6.04 (Default Risk Premium) A Treasury bond that matures in 10 years has a yield of 4.50%. A 10 - vear corporate bond has a vield of 8.25%. Assume that the liquidty premium on the corporate bend is 0.45%. What is the default risk premium on the corporate bond? Round your answer to two decimal places
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