Question: Please answer the following question QUICK, showing all work accordingly on all sections. Thank you. table summarizes the yield to maturity for five-year (annual-payment) coupon

Please answer the following question QUICK, showing all work accordingly on all sections. Thank you.

Please answer the following question QUICK, showing all work accordingly on all sections. Thank you. table summarizes the yield to maturity for five-year (annual-payment)

table summarizes the yield to maturity for five-year (annual-payment) coupon corporate bonds of various ratings: a. Assuming the bonds will be rated AA, what will be the price of the bonds? rounded to the nearest whole number.) c. What must be the rating of the bonds for them to sell at par? d. Suppose that when the bonds are issued, the price of each bond is $958.42. What is the likely rating of the bonds? Are they junk bonds? Data table

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