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b) Assume that 1 years after the date of your calculations above, the company's business outlook has improved and as a result its credit rating

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b) Assume that 1 years after the date of your calculations above, the company's business outlook has improved and as a result its credit rating was to rise one level so that it is now considered Investment Grade. Also, if at that same time the new market interest rates levels (desired yleid to maturity YTM) changed and are reflected in the table below. What would be the new dollar value of the bond? Be sure to SHOW YOUR CALCULATIONS? Firgt kevel of westwert grode

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