Question 1 O pts Problem A The debt of a company is in the forms of bonds that have a yield-to-maturity of 6.5%. Based on the bond rating, it is estimated that the probability of default for the bond is 6% per year. If the bond defaults, the loss is expected to be 50%. What is the cost of debt for the company? [5 Points] Question Code: 1,670 Ignore the box below. Use the space in the following question to type your