a. Estimate the yield Dunley will have to pay, assuming an expected 52% loss rate in the event of default during average economic times. What spread over AAA bonds will it have to pay? is Dunley's spread over AAA now? recessions. a. Estimate the yield Dunley will have to pay, assuming an expected 52% loss rate in the event of default during average economic times. What spread over AAA bonds will it have to pay? The yield Dunley will have to pay is %. (Round to two decimal places.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Source: "Corporate Defaults and Recovery Rates, 1920-2011," Moody's Global Credit Policy, February 2012. (Click on the following icon in order to copy its contents into a spreadsheet.) a. Estimate the yield Dunley will have to pay, assuming an expected 52% loss rate in the event of default during average economic times. What spread over AAA bonds will it have to pay? is Dunley's spread over AAA now? recessions. a. Estimate the yield Dunley will have to pay, assuming an expected 52% loss rate in the event of default during average economic times. What spread over AAA bonds will it have to pay? The yield Dunley will have to pay is %. (Round to two decimal places.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Source: "Corporate Defaults and Recovery Rates, 1920-2011," Moody's Global Credit Policy, February 2012. (Click on the following icon in order to copy its contents into a spreadsheet.)