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Maturity Pure Discount Treasury Yields 3 percent 6 percent 12 srcent B-rated Corporate Bond Yields (Pure Discount Bonds) 6 percent 10 percent 17 srcent 20

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Maturity Pure Discount Treasury Yields 3 percent 6 percent 12 srcent B-rated Corporate Bond Yields (Pure Discount Bonds) 6 percent 10 percent 17 srcent 20 Ver 5. What is the implied probability of default on one-year B-rated debt

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