The Widget Company has outstanding debt of three different maturities as outlined in the table.MaturityWidget Company BondsPrice Coupon(30/360)Corresponding U.S. Treasury BondsPrice Coupon(30/360)1...

The Widget Company has outstanding debt of three different maturities as outlined in the table.MaturityWidget Company BondsPrice Coupon(30/360)Corresponding U.S. Treasury BondsPrice Coupon(30/360)1 year5 year10 year100 7.00%100 8.50%100 9.50%100 6.00%100 6.50%100 7.00%All Widget Co. debt ranks pari passu, all its debt contains cross default provisions, and the recovery value for each bond is 20. The correct price for a one-year credit default swap (30/360) with the Widget Co., 9.5% 10-year bond as a reference asset.