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- Assuming the reported credit ratings are correct and that the market yields for those ratings are appropriate expected returns (benchmarks) for the bonds, quantify
- Assuming the reported credit ratings are correct and that the market yields for those ratings are appropriate expected returns (benchmarks) for the bonds, quantify the attractiveness of the bonds in two ways: how does the yield compare to the benchmark? How does the current price compare to the benchmark-yield implied price? - Janet O'Brian suggests that the bond ratings are incorrect. Assuming that O'Brian's alternative ratings (a full category improvement) are correct and that the market yields for those ratings are appropriate expected returns for the bonds, once again quantify the quantify the attractiveness of the bonds in two ways: how does the yield compare to the benchmark? How does the current price compare to the benchmark-yield implied price? - Which bond(s) do you recommend based on the above analysis? - Assuming the reported credit ratings are correct and that the market yields for those ratings are appropriate expected returns (benchmarks) for the bonds, quantify the attractiveness of the bonds in two ways: how does the yield compare to the benchmark? How does the current price compare to the benchmark-yield implied price? - Janet O'Brian suggests that the bond ratings are incorrect. Assuming that O'Brian's alternative ratings (a full category improvement) are correct and that the market yields for those ratings are appropriate expected returns for the bonds, once again quantify the quantify the attractiveness of the bonds in two ways: how does the yield compare to the benchmark? How does the current price compare to the benchmark-yield implied price? - Which bond(s) do you recommend based on the above analysis
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