Bonds
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How would a bond be assessed on whether is is "high yielding" or "low yielding" ?
How are premiums or discounted bonds tied to the current coupon rate of the bond ?
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Solution Summary
How would a bond be assessed on whether is is "high yielding" or "low yielding" is determined. The premiums or discounted bonds tied to the current coupon rate of the bond are determined.
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High-yield bonds are issued by organizations that do not qualify for "investment-grade" ratings by one of the leading credit rating agencies?Moody's Investors Service, Standard & Poor's Ratings Services and Fitch Ratings. Credit rating agencies evaluate issuers and assign ratings based ...
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