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2. A 15-year Treasury bond that was just issued has a yield of 1.20%. Facebook also just issued a 15 -year bond that is yielding

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2. A 15-year Treasury bond that was just issued has a yield of 1.20%. Facebook also just issued a 15 -year bond that is yielding 5.20%. Assume that the bond issued by Facebook has a default risk premium of 2.40%. What is the liquidity premium on the bond issued by Facebook? What is the spread between the 15-year Treasury and the 15-year bond issued by Facebook

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