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A risk-adjusted discount rate on a newly issued bond is determined by adding a default risk premium to the yield of a Treasury bond with
A risk-adjusted discount rate on a newly issued bond is determined by
adding a default risk premium to the yield of a Treasury bond with the same maturity |
adding a maturity risk premium to the yield of an otherwise similar short-term bond |
adding a marketability premium to the yield of a Treasury bond with the same maturity |
using the yields of similar bonds |
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