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The Blackburn Group has recently issued 20 year, unsecured bonds rated BB by Moody's. These bonds yield 443 basis points above the U.S. Treasury yield
The Blackburn Group has recently issued 20 year, unsecured bonds rated BB by Moody's. These bonds yield 443 basis points above the U.S. Treasury yield of 2.76%. The yield to maturity on these bonds is
A.
12.23%.
B.
mortgage bonds.
C.
4.43%.
D.
7.19
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