Use the following information to answer the question(s) below. Consider the following information regarding corporate bonds: Rating Average Default Rate 0.0% Recession Default Rate 0.0% Average Beta 0.05 0.1% 0.2% 1.0% 3.0% 0.05 0.05 BBB 0.5% 3.0% 0.10 B 2.2% 8.0% 0.17 5.5% 16.0% 0.26 2.2% 48.0% 0.31 Wyatt Oil has a bond issue outstanding with seven years to maturity, a yield to maturity of 7.0%, and a BBB rating. The bondholders' expected loss rate in the event of default is 70%. Assuming the economy is in recession, then the expected return on Wyatt Oil's debt is closest to: O A. 7.0% OB. 4.9% O c. 3.5% OD. 5.5%