A treasury bond that matures in 14 years has a yield of 433, Financial Management

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A treasury bond that matures in 14 years has a yield of 433

A Treasury bond that matures in 14 years has a yield of 4.33%. A 14-year corporate bond has a yield of 7.39%. Assume that the liquidity premium on the corporate bond is 0.33%. 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 14 years has a yield of 433

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Financial Management: A treasury bond that matures in 14 years has a yield of 433

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