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Which factor ( s ) affect a bond rating? a . Likelihood of default b . Seniority of the bond c . The value of

Which factor(s) affect a bond rating?
a. Likelihood of default
b. Seniority of the bond
c. The value of the collateral backing the bonds
d. The liquidity of the collateral backing the bonds
e. All the above
A company has 8 percent coupon bonds on the market with eight years left until maturity. The bonds make semi-annual payments and have a par value of $1,000. If the bond currently sells for $987.24, what is the yield to maturity?
a.4.28%
b.7.10%
c.8%
(d)8.22%
e.5%
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