Proctor and Gamble's total amount of debt increased from 31.9% in March 2011 to 34.2% in December 2011 mainly due to its net debt issuances to fund general corporate purposes. What was the annual cost of the funds to P&G raised from the $1.0 billion bonds that mature in 2014? basis points. If the bond sold at 100.10 at the time of issue, investors observed that required annual yield would be ____________ Looking at the comparable U.S. Treasury yield, these bonds were issued at a spread of basis points Because the coupon rate is____ the yield required by the market, the bond sold at ______at the time of issue. If the new observed yield of the bond is 1.3%, the bond is likely to be trading at a price of _______ If the current yield is higher than the coupon rate, investors would want a higher return on their investment. If the coupon rate is less than the yield required by the market, the price of the bond is most likely to be _________the par value of the bond, and the bond will sell at___________. Proctor and Gamble's total amount of debt increased from 31.9% in March 2011 to 34.2% in December 2011 mainly due to its net debt issuances to fund general corporate purposes. What was the annual cost of the funds to P&G raised from the $1.0 billion bonds that mature in 2014? basis points. If the bond sold at 100.10 at the time of issue, investors observed that required annual yield would be ____________ Looking at the comparable U.S. Treasury yield, these bonds were issued at a spread of basis points Because the coupon rate is____ the yield required by the market, the bond sold at ______at the time of issue. If the new observed yield of the bond is 1.3%, the bond is likely to be trading at a price of _______ If the current yield is higher than the coupon rate, investors would want a higher return on their investment. If the coupon rate is less than the yield required by the market, the price of the bond is most likely to be _________the par value of the bond, and the bond will sell at___________