Question: You are evaluating two corporate bonds. The first, issued by XYZ company costs $1,000 and has a coupon rate of 0.05 . The second, issued

You are evaluating two corporate bonds. The first, issued by XYZ

You are evaluating two corporate bonds. The first, issued by XYZ company costs $1,000 and has a coupon rate of 0.05 . The second, issued by ABC company costs $1,000 and has a coupon rate of 0.09 . What is the credit spread between bonds a and b ? State your answer as a whole number... example if your answer is 2.34% enter it as 2.34 0.04

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