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A companys bond (credit rating) is AAA. It plans to sell a 5 year bond when the yield (market rate) of 5 year U.S. Treasuries
A companys bond (credit rating) is AAA. It plans to sell a 5 year bond when the yield (market rate) of 5 year U.S. Treasuries is 4.0%. Which of the following is the most likely market rate of interest for the companys bond? A. 3.7% B. 4.0% C. 4.3% D. 5.8%
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Accounting The Basis For Business Decisions
Authors: Robert F. Meigs, Jan R. Williams, Susan F Haka, Mark S. Bettner
International 11th Edition
007115809X, 978-0071158091
