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Rank the following bonds in order from lowest credit risk to highest risk all with the same lime to maturity. by their yield to maturity.

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Rank the following bonds in order from lowest credit risk to highest risk all with the same lime to maturity. by their yield to maturity. (Rank: 1= lowest, 4 = highest) Treasury bond with yield of 5.40 percent United Airline bond with yield of 6.50 percent Bank of America bond with a yield of 9.32 percent Hewlett -Packard bond with yield of 7.03 percentCompute the price of a 6.5 percent coupon bond with ten years left to maturity and a market interest rate of 9.0 percent. (Assume interest payments are semiannual ) (Do not round Intermediate calculations and round your final answer to 2 decimal places.) Bond price $ Is this a discount or premium bond? Premium bond Discount bondCalculate the price of a 5.8 percent coupon bond with 10 years left to maturity and a market interest rate of 7.0 percent (Assume interest payments are semiannual ) (Do not round Intermediate calculations and round your final answer to 2 decimal places.) Bond price $1 Is this a discount or premium bond? Premium bond Discount bond

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