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9) Wyatt Oil is contemplating issuing a 20-year bond with semiannual coupons, a coupon rate of 8%, and a face value of $1000. Wyatt Oil
9) Wyatt Oil is contemplating issuing a 20-year bond with semiannual coupons, a coupon rate of 8%, and a face value of $1000. Wyatt Oil believes it can get a BBB rating from Standard and Poor's for this bond issue. If Wyatt Oil is successful in getting a BBB rating, then the issue price for these bonds would be closest to: A) $800 B) $891 C) $901 D) $1,000
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
