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Here is information on a bond. The company is under financial distress. Coupon Rate 4.86% Maturity Date 8/1/2032 Price Quote 55.05 Yield 30.27 Rating CC-

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Here is information on a bond. The company is under financial distress. Coupon Rate 4.86% Maturity Date 8/1/2032 Price Quote 55.05 Yield 30.27 Rating CC- The credit spread for CC-bonds is currently 5.57% and the yield on a 10Y Tbond is 2.15%. What is your best guess for the bond's yield at issuance? Here is information on a bond. The company is under financial distress. Coupon Rate 4.86% Maturity Date 8/1/2032 Price Quote 55.05 Yield 30.27 Rating CC- The credit spread for CC-bonds is currently 5.57% and the yield on a 10Y Tbond is 2.15%. What is your best guess for the bond's yield at issuance

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