Consider the following pair of bonds which are alike except for the characteristics listed. Bond A Bond B Coupon rate 4% 0% Bond rating AAA BBB Convertible Yes No Discuss which bond should have the higher yield to maturity. Company A is a fast food restaurant selling Ramen. Company B is a manufacturer of beauty products. The operating characteristics of a company is shown below: Cash cycle =-10 days Suppliers sell their goods to the company on a net 30 days basis Appraise which of the companies, A or B, comes closest to the operating characteristics described above. Consider the following pair of bonds which are alike except for the characteristics listed. Bond A Bond B Coupon rate 4% 0% Bond rating AAA BBB Convertible Yes No Discuss which bond should have the higher yield to maturity. Company A is a fast food restaurant selling Ramen. Company B is a manufacturer of beauty products. The operating characteristics of a company is shown below: Cash cycle =-10 days Suppliers sell their goods to the company on a net 30 days basis Appraise which of the companies, A or B, comes closest to the operating characteristics described above