What rate of return did investors require on bonds

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Question 1 : A company like Grace Kennedy recently issued at par bonds with a coupon rate of 5.8% and a maturity of twenty years. Moody's rated the bonds Aa1 and Standard Poor's awarded them AA. What rate of return (yield to maturity) did investors require on these bonds if the bonds are sold at par value?

Reference no: EM132512367

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