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In 2019 the company ZZZ issued a 30-year bond that it sold on the primary market at its even value (100%), and Has a 5%
In 2019 the company ZZZ issued a 30-year bond that it sold on the primary market at its even value (100%), and Has a 5% coupon. If that bond from the company ZZZ is sold today at 90% of its even value, the rate of Yield to maturity (YTM) that an investor who buys the bond will have today will be??
How would the price and return affect the maturity (YTM) of the previous question bonus if Moody's changes its rating to C-? [Note: the previous qualification was B-]
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