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(annual paymants). The following table summarizos the yield to meturity for five-year (annual-payment) coupon corparate bonds of various raings. a. Assuming the bonds will be

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(annual paymants). The following table summarizos the yield to meturity for five-year (annual-payment) coupon corparate bonds of various raings. a. Assuming the bonds will be rated AA,whatwillthepriceofthebondsbe?be, b. How much of the total principal amount of these bonds must HMK issue to raise $10.0 million today, assuming the bonds are AA rased? (Because iak cannot asve a hacton at a bond, astume that all tractions are rounded to the neavest whole number) c. What must be the rating of then bonds tor them to sell at par? d. Suppose that when the bonds are issued, the peice of each bond is 8959.64. What is the likely rating of the bonds? Are they junk bonds? a. Assuming the bonds will be rated AA, what will the price of the bonds be? The price of the bonds will be 1

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