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A Treasury bond that matures in 10 years has a yield of 5%. A 10-year corporate bond has a yield of 10%. Assume that the
A Treasury bond that matures in 10 years has a yield of 5%. A 10-year corporate bond has a yield of 10%. Assume that the liquidity premium on the corporate bond is 0.7%. What is the default risk premium on the corporate bond
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McMillan On Options
Authors: Lawrence G. McMillan
2nd Edition
0471678759, 978-0471678755
