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Suppose, the 10-year T-bonds are yielding 3.5% while the AT&T 10-year corporate bond is yielding 7.1%. If the liquidity-risk premium on the corporate bond is

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Suppose, the 10-year T-bonds are yielding 3.5% while the AT\&T 10-year corporate bond is yielding 7.1%. If the liquidity-risk premium on the corporate bond is 2.2%, then what is ATET bond's default-risk premium? (By the way, find out what is so special about Treasury security in terms of their default-risk and liquidity-risk !II)

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