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can you break this problem down and show me how to do it, thanks :) 2 Q 9-10 What does a bond rating reflect? Why

can you break this problem down and show me how to do it,
thanks :)
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2 Q 9-10 What does a bond rating reflect? Why is the rating important to the firm's management? 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33

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