Will the bond prices be the same

Reference no: EM13301357

AMI Corp. and Chester Corp. have outstanding Bonds with identical remaining terms (10 yrs) and identical Coupon (9%) rates. Moody's has rated AMI Corp. as "Aa" and Chester Corp as "Aaa".

a. Since the term & coupon of the firms are identical, will the Bond prices be the same?
b. If not, which FIRM have the higher price?

Reference no: EM13301357

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