Consider the following information regarding corporate bonds:

Average Defautt Flate 0.0% 0.0% 0.2% 0.4% 2.1% 5.2% 9.9% Recession Default Rate 0.0% 1.0% 3.0% 3.0% 0.0% 10.0% 43.0% Average Beta 0.05 0.05 0.05 0.10 0.17 0.26 0.31 company Market Capitalisation [Srnrni Total Enterprise Value [$rnrn) EqLI'ty Beta Debt Raf-19 Taggart Transcontinental 0,000 1.1 BBEI Rearden Meta] $3,000 7,200 1.3 AAA Wyatt Oil $2,400 3,000 0.9 A Nielsnn Motors $1,500 4,400 1.?5 BB