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answer a and b HW SCOPE, J.5 F15 Problem 6-25 Question Help Angyar bond with coupon of 701 (al coupon payments and a face value

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HW SCOPE, J.5 F15 Problem 6-25 Question Help Angyar bond with coupon of 701 (al coupon payments and a face value of 5.000 Andrewolves can get a rating of Aron Standard & Poor'. However, due to centro the companyard Poor's wing that may downg Android bostadsone, long-term bords are curry 6.57 and laid on BB-led bonds 0.00% the one in the Ating for the band? pre bords down? Kas the proof the bones mantas e rebond? The Anting rebond we, the price of the bord as Mound to the represent) EXO 2 3 4 5 1 0 6 7 8 9 de Q W E R T Y U S F G H J L Homework: Lab 6 Score: 0 of 1 pt Problem 6-25 Andrew Industries is contemplating issuing a 30-year bond with a coupon rate of 7.01% (annual coupon payment difficulties at the company, Standard & Poor's is warning that it may downgrade Andrew Industries' bonds to BBB a. What is the price of the bond if Andrew Industries maintains the A rating for the bond issue? b. What will be the price of the bond if it is downgraded? a. What is the price of the bond if Andrew Industries maintains the A rating for the bond issue? If Andrew maintains the A rating for the bond issue, the price of the bond is $. (Round to the nearest cent.)

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