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Hello, I'm having trouble figuring this out. Can you help me? Assume that interest rates on 30-year Treasury and corporate bonds with different ratings, all

Hello, I'm having trouble figuring this out. Can you help me?

Assume that interest rates on 30-year Treasury and corporate bonds with different ratings, all of which are non-callable, are as follows:

Treasury bond: 7.72%

Corporate bond (AA rating): 8.72%

Corporate bond (A rating): 9.64%

Corporate bond (BBB rating): 10.18%

The differences in interest rates among these issues were most probably caused primarily by _______.

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