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The yield to maturity for 10-year bonds is as follows for four different bond rating categories. The bonds of Falter Corporation were rated as Aaa

image text in transcribed The yield to maturity for 10-year bonds is as follows for four different bond rating categories. The bonds of Falter Corporation were rated as Aaa and issued at par a few weeks ago. The bonds have just been downgraded to Aa2. Determine the new price of the bonds, assuming a 10-year maturity and semiannual interest payments. Note: Use cell A2 to B13 from the given information to complete this question. You must use the built-in Excel function to answer this question. All answers should be displayed as positive numbers. Round your final answer to 2 decimal places

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