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You observe the following from the Treasury yield curve: YTM of 4.05% on 10-year Treasuries; YTM of 6.90% on 5-year Treasuries; YTM of 3.37% on

You observe the following from the Treasury yield curve: YTM of 4.05% on 10-year Treasuries; YTM of 6.90% on 5-year Treasuries; YTM of 3.37% on 2-year Treasuries. If the average YTM on 5-year BBB bonds is 11.38%, what is the credit spread for 5-year BBB debt? Enter your answer as a decimal and show four decimal places. For example, if your answer is 5.25%, enter .0525.

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