Question
Kinsross Gold will be raising $1,000,000 by selling 20-year 3.5% coupon (paid semi-annually) bonds with a $1,000 par value. The following are yields based on
Kinsross Gold will be raising $1,000,000 by selling 20-year 3.5% coupon (paid semi-annually) bonds with a $1,000 par value. The following are yields based on various credit ratings:
| Rating | Yield |
| AAA | 3.3% |
| AA | 3.4% |
| A | 3.5% |
| BBB | 3.8% |
| BB | 4.2% |
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Personal Finance
Authors: Vickie L Bajtelsmit
2nd Edition
111959247X, 9781119592471
