Marlite Engineering would like to raise $10.0 million to invest in capital expenditures.

13 of 13 (11 HYV Score: 8096, 800f 100 pt Problem 6.26 plans to issue five year bonds with a face value of $1 000 and a coupon rate of 6 51% (anmaalpayments. The folowing able summarises the yeld to maturity for five-year (anal-payment) coupon corporate bonds of various ratings 6.11% 698% lontoday, assur ingthe bonds are AA rated? Beane Maride canot issue a taction of a bond, assume t at arhatins aro much of ho etal precipal ar one, thes e bonds m st Ma nssue to raise S100m c. Whait must the rating of the bonds be for them to sel at par? to the MacBook 8 2 3