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A Treasury bond with a 6.25 percent coupon and maturing in 8 years has a yield to maturity =7.30 percent. A bond issued by a
A Treasury bond with a 6.25 percent coupon and maturing in 8 years has a yield to maturity =7.30 percent. A bond issued by a BBB rated company with a coupon of 9.25 percent and maturing in 8 years has a yield to maturity of 10.10 prrcent. What is default risk spread for the BBB bond? Enter your answer below as a whole number in BASIS POINTS. For example, if your answer is 1.85%, enter it as 185
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Behavioral Finance
Authors: Edwin Burton, Sunit N. Shah
1st Edition
111830019X, 978-1118300190
