98. The following represents two yield curves. Maturity Pure Discount B-rated Corporate Bond Yields Treasury Yields (Pure Discount Bonds) 1 year 3 percent 6 percent 2 year 6 percent 10 percent 20 year 12 percent 17 percent What is the expected probability of default in year 2 of two-year maturity B - rated debt? A. 2.83 percent. B. 3.00 percent. C. 4.43 percent. D. 2.68 percent. E. 5.00 percent. O Ask Expert Tutors