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The zero yield curve on zeros is given below. TTM Zero YTM 02 022 0225 .03 035 There is a corporate bond that pays a

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The zero yield curve on zeros is given below. TTM Zero YTM 02 022 0225 .03 035 There is a corporate bond that pays a 2% coupon (once a year at the end of the year) that is currently selling for $910 per $1000 in face value. What is the probability of default implied by this price if the recovery rate is 80%

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