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Luther Industrien needs to raise $25 milion to find a new office complex. The company plans on wing banyar bonds with a focale of $1000

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Luther Industrien needs to raise $25 milion to find a new office complex. The company plans on wing banyar bonds with a focale of $1000 ud a coupon rate of 7% (annual payment The blowing table na the YTM smlar ten-year corporale bands of various credit ratings Rating AAA AA A BBB YTM 5.77% 6.07% 7.07% 747 7.07% Assuming that Luther's bends recive a AA rating the price of the bonds will be closesti O A 51.002 B. 5602 C. $1,403 OD 55.203

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