Andrew Industries is contemplating in a 30 year bond with a coupon to coupon payment and a face value of $1.000 Andrew believes to a woman However the company, Standard & Poor's is warning that may downgrade Andrew industries' bonds to 3 Yes on Wed, konglom bands are currently 6.50%, and yes on EB-bonds woon - What is the price of the bond Andrew Industries maintain the rating for the bond? b. What will be the price of the bond is downgrad? a. What is the price of the bond Andrew Industries maintains the Atting for the bond is? Andrew maintain the Arating for the bond issue, the price of the bond $ Rand to the nearest cent) b. What will be the price of the bond if it is downgraded is downgraded the new bond's price will be found to the nearest cert) PM Enter your answer in each of the answer boxes Q O 1 pe End PSC Home 18 16 - FF A & 7 8 9 $ % 5 Am 6 3 P 2 O U T Y R