Question: Answer format Cuebund for den places 132 Klingsman National Brand has bonds that are rated AA by Standard and Poor's. The yield to maturity on
Answer format Cuebund for den places 132 Klingsman National Brand has bonds that are rated AA by Standard and Poor's. The yield to maturity on AA bonds at the moment is 6.72%. You are trying to value a Kingsman bond that has 11.00 years until matunity and pays a 8.75% coupon. The bond has a $1.000 face value. un not 34 Attempts Rem Suppose that the credit rating of Klingsman is reviewed and upgraded to AA+by Standard and Poor's. The yield to matunity on AA+ bonds at the moment is 0.10% lower than the previous yield to maturity on Klingsman debt. What will the new price be? Submnt Answer format: Currency Round to: 2 decimal places Points: 35.5/40 Grade: 88.8 Progress: 90 % Time Remaining: 24:57 VDVDT
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