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Please show step by step Today the 10 -year Treasury interest, or yield, is 3.48%. The average interest rate on a BBB-rated corporate bond with

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Today the 10 -year Treasury interest, or yield, is 3.48%. The average interest rate on a BBB-rated corporate bond with similar features was 6.89%. Therefore, the default risk premium (DRP) on the BBB-rated corporate bond is \%. Keep 2 decimal places

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