Security: AAA AA A BBB BB Yield (%): 5.0 5.5 6.0 6.4 8.0 A mining company needs to raise $100 million in order to begin open pit mining of a coal seam. The company will fund this by issuing 30-year bonds with a face value of $1,000 and a coupon rate of 6%, with the coupons paid annually. The above table shows the yield to maturity for similar 30-year corporate bonds of different ratings. If the mining company's bonds receive an AAA rating. what will be their selling price? $1.153.72 $947.22 $774.84 $1,072.67 Which of the following statements is TRUE? We can convert any bond price into a yield to maturity, and vice versa. . Prior to its maturity date, the price of a zero-coupon bond is always greater than its face value. The net present value (NPV) of an investment in a bond and holding it until its maturity) is given a special name, the yield to maturity (YTM). The yield to maturity of a bond depends on its total face value