Based on the debt rating of a firm's bonds, it is determined that the firm has a debt beta of 0.26 with the market. Bonds with the same debt rating have a default rate of 2.6% and an expected loss rate of 60%. The risk free rate is 3.9% and the market risk premium is 7.8%. Use CAPM to estimate the firm's debt cost of capital. Then determine the yield rate that would be consistent with the debt cost of capital you calculated. Provide the yield rate as your answer. 0 7.488% (7.039% 6.14098 5.69176 6.58995