Describe the standard and poor rating, Financial Management

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Describe the standard and poor rating

1. In at least 300 words, describe the Standard and Poor's rating scale.

2. Suppose today a 2.14 percent coupon bond sells at par. Two years from now, the required return on the same bond is 1.39 percent. What is the YTM on the bond two years from now?

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Financial Management: Describe the standard and poor rating

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Financial Management: Describe the standard and poor rating

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