QUESTION 18 Security: AAA AA BBB BB Yield (%): 5.0 5.5 6.0 6.4 8.0 A mining company needs to raise $100 million in order to begin open pit mining of a coal seam. The company will fund this by issuing 30-year bonds with a face value of $1,000 and a coupon rate of 6%, with the coupons paid annually. The above table shows the yield to maturity for similar 30-year corporate bonds of different ratings. If the mining company's bonds receive an AAA rating, what will be their selling price? O $774.84 $1,072.67 $947.22 $1,153.72