The Yield To Maturity For 15year Bonds Is As Follows For Four Different Bond Rating Categories Use

10 2 25%
Answer 1 of 1
With a Aaa rating at issue, the coupon rate is
9.8% annually or 4.9% semiannually. With a
downgrading to Aal, the new yield to maturity is
10% or 5% semiannually….Finance