What is the rate of return on the one year toyota bond

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Reference no: EM13772611

Toyota bonds are currently rated AA, and Ford bonds are rated BB, Suppose the price of 1,000 one year Toyota bond is 970$

1. What is the rate of return on the one year Toyota bond

2. The price of a 1,000 one year Ford bond must be which of the following

A. Less than 970

B. Greater than 970

C. 970

D. There is insufficient information to answer this question

Reference no: EM13772611

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