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A T-Bond matures in 8 years and h s a yield of 4.5%. A Corporate Bond with a maturity of 8 years has a yield

A T-Bond matures in 8 years and h s a yield of 4.5%. A Corporate Bond with a maturity of 8 years has a yield of 8.5%. The Corporate bond has a liquidity premium of 2%. What is its Default Risk Premium? Answer is ________%

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