Suppose you are considering the purchase of a bond issued by ABC Corporation with the following attributes: face value: $10,000 coupon: 2.0% remaining maturity: one year price: 96.52 rating: BBB If the current yield for one-year Treasuries is 5.0%, and the default (over one year) and recovery rates for issuers equivalent to ABC are 0.16% and 50% respectively, state whether you will or will not buy the bond and the reasons for that judgment.

Suppose you are considering the purchase of a bond issued by ABC Corporation with the following attributes: face value: $10,000 coupon: 2.0% remaining maturity: one year price: 96.52 rating: BBB If the current yield for one-year Treasuries is 5.0%, and the default (over one year) and recovery rates for issuers equivalent to ABC are 0.16% and 50% respectively, state whether you will or will not buy the bond and the reasons for that judgment