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Exam Question 6 . 4 . Oyster River Industries expects to issue new BBB bonds. Five years ago, their BBB bonds had a YTM of
Exam Question Oyster River Industries expects to issue new BBB bonds. Five years ago, their BBB bonds had a YTM of and longterm riskfree government bonds were at The BBB bond risk premium versus government bonds is now higher than it was five years ago. Riskfree longterm government bonds are now yielding What rate should new Oyster River BBB bonds yield? Answer in XXX format without the percentage sign, so XXX
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