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Annual probability of default. QUESTION 13 0. In mid-2009, Rite Aid had CCC-rated, 6-year bonds outstanding with a yield to maturity of 15.5%. At the

Annual probability of default. QUESTION 13 0. In mid-2009, Rite Aid had CCC-rated, 6-year bonds outstanding with a yield to maturity of 15.5%. At the time, similar maturity Treasuries had a yield of 4...

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