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A Treasury bond due in 1 year has a yield of 6.3%, while a Treasury bond due in 5 years has a yield of 8.8%.
A Treasury bond due in 1 year has a yield of 6.3%, while a Treasury bond due in 5 years has a yield of 8.8%. A bond due in 1 year issued by High Country Marketing Corp. has a yield of 6.8%, while a bond due in 1 year issued by High Country Marketing Corp. has a yield of 9.3%. The default risk premiums on the 1-year and 5-year bonds issued by High Country Marketing Corp. are, respectively, ________ and ________.
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