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Currently, a 10- year Treasury bond is yielding at 6%. In the meantime, a 10-year corporate bond is yielding at 8.8%. If the liquidity risk
Currently, a 10- year Treasury bond is yielding at 6%. In the meantime, a 10-year corporate bond is yielding at 8.8%. If the liquidity risk premium of the corporate bond is .04%, what is the corporate bond's default risk premium?
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