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Your investment department has researched possible investments in corporate debt the following $100 million bond issues, each dated January 1, 2021. Prices were deter the

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Your investment department has researched possible investments in corporate debt the following $100 million bond issues, each dated January 1, 2021. Prices were deter the last few weeks. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of: Company 1. BB Corp. 2. DD Corp. 3. GG Corp. Bond Price $199 million $100 million $ 90 million Stated Rate 12% 11% 10% Each of the bond issues matures on December 31, 2040, and pays interest semiannuall similar risk and maturity, the market yield at January 1, 2021, is 11%. Required: Other things being equal, which of the bond issues offers the most attractive investment prices stated? The least attractive? Most attractive investment Least attractive investment 7

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