Suppose a large firm seeks to raise capital by issuing a bond at the beginning of 2018 with a $100 face value and $5 coupon payments to be made at the end of 2018, 2019, and 2020. The corporation will also repay the principle amount of the bond back to investors at the end of 2020. c) What is the rate of interest that the firm is paying on its bonds? d) What is Moody's top and second-highest long-term bond ratings? e) What is Standard and Poor's and Fitch's top and second-highest long-term bond rating? 1) If Moody's decides to downgrade the firm's debt rating, what will be the likely result for the interest rate the firm will have to pay when it sells bonds? Briefly explain. If the discount rate is 2%, what is the present value of the bond? I h) If the discount rate decreases, then what will happen to the present value of the bond? 1) List the three major types of firms and give one advantage of each firm type. i) Which type of firm is most prevalent in the U.S. (which type of firm are there the most of)? k) Which type of firm generates the most profits in the U.S