Consider the table shown below to answer the question posed in part a. Parts b and c are independent of the given table. a. The price of Yum! Brands stock has risen to $170. What is the market value of the firm's equity if the number of outstanding shares does not change? Note: Enter your answer in dollars not in billions of dollars. b. The rating agency has revised Catalytic Concepts' bond rating to AAA (use: Table..: 2.2). What interest rate, approximately, would the company now need to pay on its bds? Note: Enter your answer as a percent rounded to 1 decimal place. c. A farmer and a meatpacker use the commodity markets to reduce their risk. One agrees to buy live cattle in the future at a fixed price, and the other agrees to sell. Which one sells? TABLE 2.2 Interest rates on long-term corporate bonds, October 2020 . The interest rate is lowest for top-quality (AAA and AA) issuers. The rate rises as credit quality declines. Source: ICE Bank of America Merrill Lynch indices. Consider the table shown below to answer the question posed in part a. Parts b and c are independent of the given table. a. The price of Yum! Brands stock has risen to $170. What is the market value of the firm's equity if the number of outstanding shares does not change? Note: Enter your answer in dollars not in billions of dollars. b. The rating agency has revised Catalytic Concepts' bond rating to AAA (use: Table..: 2.2). What interest rate, approximately, would the company now need to pay on its bds? Note: Enter your answer as a percent rounded to 1 decimal place. c. A farmer and a meatpacker use the commodity markets to reduce their risk. One agrees to buy live cattle in the future at a fixed price, and the other agrees to sell. Which one sells? TABLE 2.2 Interest rates on long-term corporate bonds, October 2020 . The interest rate is lowest for top-quality (AAA and AA) issuers. The rate rises as credit quality declines. Source: ICE Bank of America Merrill Lynch indices