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a bond issued by a CCC rated company with a coupon of 7.5% and maturing in 14 years has a ytm of 8.07% A treasury

a bond issued by a CCC rated company with a coupon of 7.5% and maturing in 14 years has a ytm of 8.07%

A treasury bond with a coupon of 6.25% and maturing in 14 years has a ytm of 5.5%

What is the defualt risk of the spread for the CCC rated bonds

Provide answer in whole number in BASIS POINTS

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