Format Instruction: Round ALL calculation to 4 decimal places. Round what you input in the box to 2 decimal places. If you get "0.12", write "0.12" not "12" If you get "1000.12" write "1000.12" not "1,000.12" If the question asks for rates or probability, please give the answer in percentage Some boxes can be negative, depending on the concept. It is your job to figure that out to get to the right answer. Question 1 5 pts Given the following information: 1-year zero-coupon Corporate yield: 11.6% 2-year zero-coupon Corporate yield: 23.2% 1-year zero-coupon Treasury bonds yield: 8.6% 2-year zero-coupon Treasury bonds yield: 17.2% Recovery rate of Corporate Bond: 0.58 What is this firm's implied cumulative probability of default (in percentage)? NOTE: Round all calculations to 4 decimal places. If your final number is 0.1234 then write 12.34