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10. UM 25-24 (similar to) Question Help Interest premium. Estimate the default premium and the maturity premium given the following throe investment opportunities: a Treasury

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10. UM 25-24 (similar to) Question Help Interest premium. Estimate the default premium and the maturity premium given the following throe investment opportunities: a Treasury bill with a current interest rate of 3%, a Treasury bond with a twenty year maturity and a current interest rate of 4.75%; and a AAA, corporate bond with a twenty year maturity and an interest rate of 8% What is the default premium? % (Round to two decimal places.)

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