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5 The current yield-to-maturity on a AAA-Rated 10-year corporate bond is 9.5%. You are given the following information on this bond. r* = real risk-free

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5 The current yield-to-maturity on a AAA-Rated 10-year corporate bond is 9.5%. You are given the following information on this bond. r* = real risk-free rate on Treasury & corporate bonds Maturity risk premium Inflation premium Liquidity premium 1.20% 3.50% 2.00% 0.50% What is the default risk premium (DRP) for this bond? Ans DRP =

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