Con Credit Risk Changes and Bond Prices Land Toy coupon bond, which pays interest the market as $1.007. The average yields on tolowing table by bonding Bond Rating Yield (5) Bond Rating Yield() AAA 54 73 AA B 57 A 60 92 10.5 C 120 D 14.5 Periodically, one company will purchase another by buying all of the target firm's stock. The bonds of the larger im continue to st The debt obligation is assumed by the new fim. The pet kaff bond ofon changes because of this type of an event Suppose that the Sem Treasure Toys makes an announcement that they are purchasing Land Toys Due Tenure Toy's projected feancial structure after the purchase, Standard & Poor's states that for Lando Toys bonds will change to BB Compute the yield to manurity of Lando Toys bonds before the purchase announcement and ute to determine the likely bend rating As What the bonds price changes to reflect the new credit rating. What is the new ? Did dollar change and percentage change in the bond pric d. How do the bond investors feel about the auct