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= Homework: Assignment Chapter 9 Question 4, B9-6 (book/... Part 1 of 2 > HW Score: 30%, 3 of 10 points O Points: 0 of

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= Homework: Assignment Chapter 9 Question 4, B9-6 (book/... Part 1 of 2 > HW Score: 30%, 3 of 10 points O Points: 0 of 3 Save (Related to Checkpoint 9.3) (Bond valuation) Pybus, Inc. is considering issuing bonds that will mature in 20 years with an annual coupon rate of 8 percent. Their par value will be $1,000, and the interest will be paid semiannually. Pybus is hoping to get a AA rating on its bonds and, if it does, the yield to maturity on similar AA bonds is 7.5 percent. However, Pybus is not sure whether the new bonds will receive a AA rating. If they receive an A rating, the yield to maturity on similar A bonds is 8.5 percent. What will be the price of these bonds if they receive either an A or a AA rating

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