Lloyd Industries raised $28 million in order to upgrade its roller kiln furnace for the production of ceramic tile.The company funded this by issuing 15-year bonds with a face value of $1000 and a coupon rating of 6.2%,paid annually.The above table shows the yield to maturity for similar 15-year corporate bonds of different ratings issued at the same time.When Lloyd Industries issued their bonds,they received a price of $962.63.Which of the following is most likely to be the rating these bonds received?
Definitions:
Group Harmony
The cohesion and agreement among members of a group that contribute to its functioning and the well-being of its members.
Cohesive
Characteristic of a group where members are united, working together effectively towards common goals or interests.
Relationship-Oriented Leader
A leadership style focused on building strong relationships, supporting team members, and emphasizing collaboration and team cohesion.
Task-Oriented
Describes a focus or prioritization on completing tasks and achieving goals, often in a work or group project context.
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