Consider the following information regarding corporate bonds:

Your estimate of the asset beta forNielson Motorsis closest to:

1 points Save Answer QUESTION 4 Consider the following information regarding corporate bonds: Rating AAA AA BBB BB B ccc Average Default Rate 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% 8.0% 16.0% 43.0% Average Beta 0.05 0.05 0.05 0.10 0.17 0.26 10.31 Market Company Capitalisation Total Enterprise Equity Debt ($mm) Value ($mm) Beta Rating Taggart Transcontinental $4,500 8,000 1.1 BBB Rearden Metal $3,800 7,200 1.3 AAA Wyatt Oil $2,400 3,800 0.9 A Nielson Motors $1,500 4,400 1.75 BB Your estimate of the asset beta for Nielson Motors is closest to: 0.59 0.42 0.66 0.71