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Question 2 1 pts Suppose the rate on one-year Treasury strips currently is 6 percent and One-year AA-rated zero- coupon bond yielding 9.5 percent. (2)

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Question 2 1 pts Suppose the rate on one-year Treasury strips currently is 6 percent and One-year AA-rated zero- coupon bond yielding 9.5 percent. (2) What is the expected probability of default for this corporate bond (with % format)? Convert your answer to percentage format. Enter your answer rounded to 2 decimals, and without any units. So, for example, if your answer is 3.4568%, then just enter 3.46

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