Question: Question list Question 2 Question 3 Question 4 currently 6.46%, and yields on BBB-rated bonds are 6.82%. a. What is the price of the bond

Question list Question 2 Question 3 Question 4 currently 6.46%, and yields on BBB-rated bonds are 6.82%. a. What is the price of the bond if Andrew Industries maintains the A rating for the bond issue? b. What will be the price of the bond if it is downgraded? a. What is the price of the bond if Andrew Industries maintains the A rating for the bond issue? If Andrew maintains the A rating for the bond issue, the price of the bond is $ b. What will be the price of the bond if it is downgraded? If it is downgraded, the new bond's price will be $ (Round to the nearest cent.)

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