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2. After negative news about corporation's A earnings, its credit rating was reduced from Aaa to Baa. As a result, the price of its ten-year

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2. After negative news about corporation's A earnings, its credit rating was reduced from Aaa to Baa. As a result, the price of its ten-year bond with face value of $1,000, coupon rate of 10% and semiannual payments, dropped from $1.000 to $900. Compute this bond's yield before and after the downgrade

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