Bond Z, which is an annual coupon bond, has one year left to maturity. The coupon rate is 6% and the face value is $1,000. The issuer has a 12% probability of default. If the expected return is 8% and the default risk premium is 3.70%, what is the expected recovery (dollar) amount in case of default? $786.10 $806.20 $739.60 $767.40 $753.20