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N3 Yields for the following corporate bonds are listed in the table below along with their bond rating. Corp. bond, Reference # Bond Yield Rating

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Yields for the following corporate bonds are listed in the table below along with their bond rating. Corp. bond, Reference # Bond Yield Rating (% annually) CCC 8.20% BBB 6.70% AWN. B 7.20% AA 3.50% a. If the yield on a government of Canada bond is 2.70%, then the risk premium on Bond #4 is |%. (Round your response to two decimal places.)

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