Alison Pouch & 1 10/10/2010 52 PM Homework: 7-1 MyFinanceLab Assignment S Score: 0 of 4 pts 4 of 12 (3 complete) HW Score: 22 22 11 11 of 50 9-6 (similar to) (Related to Checkpoint 9.3) (Bond valuation) Pybus, Inc. is considering issuing bonds that will mature in 22 years with an anual coupon rate of 12 percent Their par value will be 51.000, and the interest will be paid semiannually Pybus is hoping to get a AA rating on its bonds and it does the yield to maturity on similar bonds n 95 percent. However Pybus is not sure whether the new bonds will receive a Ating they receive an A rating the yed to maturity on similar Abonds is 10,5 percent What wil be the price of these bonds if they receive theran A or AA rating? .. The price of the Pybus bonds if they receive a AA rating will be $ (Round to the nearest cent)