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Netflix received a credit rating of Ba 3 from Moody s . Debt obligations from Netflix are judged to have speculative elements and subject to
Netflix received a credit rating of Ba from Moodys Debt obligations from Netflix are judged to have speculative elements and subject to substantial credit risk. They decide to issue a $ face value corporate bond with a coupon rate of pa paid quarterly that matures years from today. The return on a bond with the same rating is pa on the market at present. What would be the current market value of a Netflix bond?
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