A Treasury bond due in one year has a yield of 2.5%; a Treasury bond due in ten years has a yield of 4.1%. A bond issued by Amazon due in ten years has a yield of 9.5%; a bond issued by Google due in one year has a yield of 7.3%. The default risk premiums on the bonds issued by Amazon and Google, respectively, are

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The default risk premium is the difference between the yield of a corporate bond and a Treasury bond of the same maturity. For Amazon, it's 9.5% - 4.1% = 5.4%. For Google, it's 7.3% - 2.5% = 4.8%.

A Treasury Bond Due in One Year Has a Yield