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(Calculating the default-risk premium) At present, 10-year Treasury bonds are yielding 43% while a 10-year corporate bond is yielding 6.9%. If the liquidity risk premium

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(Calculating the default-risk premium) At present, 10-year Treasury bonds are yielding 43% while a 10-year corporate bond is yielding 6.9%. If the liquidity risk premium on the corporate bond is 0.4%, what is the corporate bond's default-risk premium? Note that a Treasuty security should have no default-risk premium and oste Iquidity-riak premium The corporate bond's default-risk premium is % (Round to one decimal place.) ss Me

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