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Suppose that you have collected the average yield - to - maturity of corporate bonds with 1 0 years to maturity across various credit ratings

Suppose that you have collected the average yield-to-maturity of corporate bonds with 10 years to maturity across various credit ratings (see below). Assuming that current 10 year U.S. treasury bonds yield 3%, what is the credit spread (i.e., risk premium) for AAA rated bonds? Enter your answer as a percent without the % sign. Round your final answer to two decimals.
Credit Ratings Yield to Maturity
\table[[AAA,3.50%
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