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Rating A 2 Credit Spread (as a decimal) 005 .02 BBB. D BB 025 10 year treasury bonds ($100 face value) with semi-annual coupons and
Rating A 2 Credit Spread (as a decimal) 005 .02 BBB. D BB 025 10 year treasury bonds ($100 face value) with semi-annual coupons and a 4% coupon rate have a price of $85.12 If your company is issuing new semi-annual 10 year bonds at par, what coupon rate must they have if they are rated BBB? 4 digits after the decimal) (express the answer as a decimal rounded to
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