Question: please show work. Currently, the interest rate for a 10 -year bond issued by Ford is 7.91%, and the interest rate for a 10 -year

please show work. Currently, the interest rate for a 10 -year bondplease show work.

Currently, the interest rate for a 10 -year bond issued by Ford is 7.91%, and the interest rate for a 10 -year bond issued by General Motors is 6.32%. The liquidity risk premium for Ford is 0.26%, whereas the liquidity risk premium for General Motors is 0.69%. What is the difference in the default risk premium between Ford and General Motors

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