A treasury bond that matures in 10 years has a yield of 458, Financial Management

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A treasury bond that matures in 10 years has a yield of 458

A Treasury bond that matures in 10 years has a yield of 4.58%. A 10-year corporate bond has a yield of 6.63%. Assume that the liquidity premium on the corporate bond is 0.51%. What is the default risk premium on the corporate bond? State you answer as a percentage to 2 decimal places.

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Financial Management: A treasury bond that matures in 10 years has a yield of 458

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Financial Management: A treasury bond that matures in 10 years has a yield of 458

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