The Indian government had $10-$year Rupee bonds outstanding, with a yield to maturity of about $7\mathrm{.}18\%$ on January $1,2024.$

In January $2024,$ the Indian government had a local currency sovereign rating of Baa$3.$ The typical default spread $($over a default free rate$)$ for Baa$3$ rated country bonds in early $2024$ was $2\mathrm{.}39\%.$ The risk free rate in Indian Rupees is:

The Indian government had $10-$year Rupee bonds outstanding, with a yield to maturity of about $7\mathrm{.}18\%$ on January $1,2024.$

In January $2024,$ the Indian government had a local currency sovereign rating of Baa$3.$ The typical default spread $($over a default free rate$)$ for Baa$3$ rated country bonds in early $2024$ was $2\mathrm{.}39\%.$ The risk free rate in Indian Rupees is:

The yield to maturity on the $10-$year bond $+$ Default spread $=9\mathrm{.}57\%$

The yield to maturity on the $10-$year bond $=7\mathrm{.}18\%$

The yield to maturity on the $10-$year bond $$ Default spread $=4\mathrm{.}78\%$

None of the above