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A $1000 face value corporate bond with an 8% coupon (paid semi-annually) has 6 years to maturity. It has a credit rating of AA with

A $1000 face value corporate bond with an 8% coupon (paid semi-annually) has 6 years to maturity. It has a credit rating of AA with a yield to maturity of 4%. The firm is likely to lose its rating and...

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