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Question 24 1 pts Security: Corporate Yield (%): 5.7 BBB Corporate Corporate Corporate 6.0 6.6 BB Corporate 6.9 15.8 Lloyd Industries raised $28 million in

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Question 24 1 pts Security: Corporate Yield (%): 5.7 BBB Corporate Corporate Corporate 6.0 6.6 BB Corporate 6.9 15.8 Lloyd Industries raised $28 million in order to upgrade its roller kiln furnace for the production of ceramic tiles. The company funded this by issuing 15-year bonds with a face value of $1,000 and a coupon rate of 6.2%, paid annually. The above table shows the yield to maturity for similar 15-year corporate bonds of different ratings issued at the same time. When Lloyd Industries issued their bonds, they received a price of $962.63. Which of the following is most likely to be the rating these bonds received? O AA BBB BB

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