Assume that the risk-free rate (l, e_{i}, Rf) is 4.5%. Iffor a particular company bond issue, the default risk premium (l,e.,DP) is 4.8% the maturity risk premium (i, e, MP) is and the market risk premium (i, e_{i}, MRP) for that company's stock is 13.0% what is the required rate of return for the company's fixed income securities?

Record your answer as a percent , rounded to one decimal place, but do not include a percent sign in your answer. For example , enter 0.1578658 15.78625 % as 15.8 Answer

Assume that the risk-free rate (i.e., Rf) is 4.5%. If, for a particular company bond issue, the default risk premium (i.e., DP) is 4.8%, the maturity risk premium (i.e., MP) is 0.6%, and the market risk premium (i.e., MRP) for that company's stock is 13.0%. what is the required rate of return for the company's fixed income securities? Record your answer as a percent, rounded to one decimal place, but do not include a percent sign in your answer. For example, enter 0.1578658 . 15.78625% as 15.8