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Assuming a constant hazard rate of 0.03, a risk free rate of 5%, a 40% recovery rate, and annual coupon payments, what is the par

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Assuming a constant hazard rate of 0.03, a risk free rate of 5%, a 40% recovery rate, and annual coupon payments, what is the par spread for a CDS contract maturing in 5 years? In 10 years

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