The estimate that I have for those corporations that have pension plans, and pension plans that have a deficit, is that the investment grade companies would experience a 0.16% increase in the cost of the credit. For those that are speculative grade--junk-bond-rated--I'm saying that the impact is a 0.79% rise in the interest rate that would have to be paid by a corporation that is raising money and is junk-bond-rated. That is the higher cost.
I'd also like to note that today there are twice as many credit default swap dollar values outstanding than there are junk bonds, so even in the junk bond market, that's for an unhedged junk bond owner who's going to experience an increase in the cost of capital. We have hedged junk bondholders who will bear no increase in the cost of capital at all. In fact, they would like to see a bankruptcy triggered so that they can collect the insurance money and have no loss whatsoever. My number of 79 basis points for the junk bond market does not take into account that we have more than twice as many credit default swaps outstanding on junk bonds as there are junk bonds in the world.