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Dakota Corporation 1 5 - year bonds have an equilibrium rate of return of 1 0 percent. For all securities , the inflation risk premium
Dakota Corporation year bonds have an equilibrium rate of return of percent. For all securities the inflation risk premium is percent and the real riskfree rate is percent. The securitys liquidity risk premium is percent and maturity risk premium is percent. The security has no special covenants. Calculate the bond's default risk premium. Round your answer to decimal places.
Answer is complete but not entirely correct.
tabletableDefault riskpremium
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