What is delta bond risk premium

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Delta has both equity and debt used to finance itself. Delta's beta is 1.5. Average return on market is 13% and the risk free rate is 1%. Delta has a 30 year fixed coupon bond with 10 years left until maturity with a 6% coupon rate paid annually. This bond is currently trading at 964.06. What is Delta's bond's risk premium?

Reference no: EM132187920

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