Estimating default risk premium on corporate bond
A Treasury bond that matures in 10 years has a yield of 4%. A 10-year corporate bond has a yield of 9%. Assume that the liquidity premium on the corporate bond is 0.35%. What is the default risk premium on the corporate bond?
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According to a number of authorities, there is a difference between prejudice and racism. How is institutional racism different form prejudice? (b) In what sense may white people be said to benefit from white privilege or conferred dominance? Explain
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