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Estimate the default premium and the maturity premium given the following three investment opportunity: a treasury bill with a current interest rate of 2.25%; a
Estimate the default premium and the maturity premium given the following three investment opportunity: a treasury bill with a current interest rate of 2.25%; a treasury bond with a twenty-year maturity and a current interest rate of 5.5%; and a AAA, corporate bond with a twenty-year maturity and an interest rate of 8%
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