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A bond quotes a rate of return of 9% and will pay $1,000 in one year with a probability of 69% and $0 with a
A bond quotes a rate of return of 9% and will pay $1,000 in one year with a probability of 69% and $0 with a probability of 31%.
What is the time premium?
What is the default premium?
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Foundations Of Financial Management
Authors: Stanley B Block, Geoffrey A Hirt
12th Edition
0073295817, 9780073295817
