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Pls answer in excel a. What is the credit spread for the B-rated corporate bond? b. Lloyd Industries issued five year bonds with a coupon
Pls answer in excel
a. What is the credit spread for the B-rated corporate bond? b. Lloyd Industries issued five year bonds with a coupon rate of 6% (annual payments) and face value is $1,000. How much should an investor pay for these bond if they are rated c. If Lloyd's bonds are downgraded to a BBB, what is the new priceStep by Step Solution
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