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Wyatt Oul has a bond issue outstanding with seven years to maturity a yueld to maturity of 7.0% and a BBB rating. The bondholder's expected

Wyatt Oul has a bond issue outstanding with seven years to maturity a yueld to maturity of 7.0% and a BBB rating. The bondholder's expected lose rate in thecevent of defaukt is 70%. Assuminf a normal economy the expected return on Wyatt Oil's debt is clisest to:
a). 3.5%
b). 4.9%
c). 3.0%
d). 6.7%

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