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D Question 11 4 pts 8. Rolling Railroad Industries issued BBB bonds three years ago that provided a yield to maturity of 4.0 percent. Long-term

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D Question 11 4 pts 8. Rolling Railroad Industries issued BBB bonds three years ago that provided a yield to maturity of 4.0 percent. Long-term risk-free government bonds were yielding 2.0 percent at that time. The current risk premium on BBB bonds versus government bonds is 75% higher than it was three years ago. If the risk-free long-term governments are currently yielding 3.0 percent, then at what rate should Rolling Railroad expect to issue new bonds? Answer in X.XX% format without the percentage sign, so X.XX

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