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Pybus, inc. is considering issuing bonds that will mature in 1 7 years with an annual coupon rate of 1 1 percent. their par value
Pybus, inc. is considering issuing bonds that will mature in years with an annual coupon rate of percent. their par value will be $ and the interest will be paid semiannually. Pybus is hoping to get a AA rating on its bonds and, if it does, the yield to maturity on similar A bonds is percent. what will be the price of these bonds if they recieve either an A or a AA rating?
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