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A Treasury bond that matures in 10 years has a yleld of 6.00%. A 10 -year corporate bond has a yield of 9.50%4. Assume that

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A Treasury bond that matures in 10 years has a yleld of 6.00%. A 10 -year corporate bond has a yield of 9.50%4. Assume that the tiquility premium on the corporate bond is 0.60%. What is the defaul risk premium on the corporate bond? Round your answer to two decimal places

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