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Suppose the nominal risk-free rate of return in the U.S. is 3.63%, and the inflation rate is 3.95%. What is the required rate of return

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Suppose the nominal risk-free rate of return in the U.S. is 3.63%, and the inflation rate is 3.95%. What is the required rate of return (or interest rate) on a BBB-rated corporate bond with a default risk premium (or default spread) of 4.39%? Ignore the liquidity and maturity risk premiums (provide your answer in percentage with two decimal places)

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