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Suburban Outfitters Corporation has issued zero - coupon corporate bonds with 5 years to maturity and a face value of $ 3 , 0 0
Suburban Outfitters Corporation has issued zerocoupon corporate bonds with years to
maturity and a face value of $ Investors believe there is a chance that Suburban
Outfitters will default on these bonds. If Suburban Outfitters does default, investors expect to
receive only of the promised payoff at maturity. If investors expected required return is
what is the default risk premium on these bonds?
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