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a. Assuming the bonds will be raled AA, what will be the price of the bonds? b. How much of the total principal amount of

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a. Assuming the bonds will be raled AA, what will be the price of the bonds? b. How much of the total principal amount of these bonds must HMK issue to raise $100 millon today. assuming the bonds are AA rated? (Because HMK camnot insue a fracton of a bond, assume that all traction are rounded to the nearest whole number.) c. What must be the rating of the bonds for them to selt at par? d. Suppose that when the bonds are isuued, the price of each bond is 596200 . What is the laely rating of the bonds? Are they junk bonds

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