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The Intel 10.875% February 2032 bond is priced to yield 15.825%. The 10.875% February 2032 Treasury Bond is priced to yield 11.125%. The market assumes

The Intel 10.875% February 2032 bond is priced to yield 15.825%. The 10.875% February 2032 Treasury Bond is priced to yield 11.125%. The market assumes an 5.498% probability of default on the Intel bond.

To the nearest basis point, the risk premium is basis points

and the default premium is basis points

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