Question 13 (4 points) What is the realized return to an investor who bought Central Perk's bond at issue and held it for 10 years? Enter your answer as a whole number without a % sign (i.e. for 5% simply enter 5) Your Answer: Answer Corporate Credit Spreads Credit Spread in Basis Points Time to Maturity 1 3 5 10 30 65 90 100 50 95 110 135 125 175 200 120 150 220 250 225 300 350 450 320 420 500 620 500 700 850 1050 Rating AAA AA BBB BB B CCC 90 20 140 170 250 300 520 680 1300 Central Perk Co. just issued 20-yr coupon bonds rated at BB. The bonds sold at their $100 par value. 20-yr treasury notes have a YTM of 3.6%