Question
A corporate bond with 10 years to maturity yields 5.1%, while treasury notes of the same maturity yield 2.4%. the corporate bond has a liquidity
A corporate bond with 10 years to maturity yields 5.1%, while treasury notes of the same maturity yield 2.4%. the corporate bond has a liquidity premium of 0.6%. what is the default risk premium on the corporate bond?
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Financial Economics
Authors: Frank J. Fabozzi, Edwin H. Neave, Guofu Zhou
1st Edition
0470596201, 9780470596203
