Use the Following Information to Answer the Question(s)below

question 61

Multiple Choice

Use the following information to answer the question(s) below.
-Wyatt Oil is contemplating issuing a 20-year bond with semiannual coupons,a coupon rate of 7%,and a face value of $1000.Wyatt Oil believes it can get a BBB rating from Standard and Poor's for this bond issue.If Wyatt Oil is successful in getting a BBB rating,then the issue price for these bonds would be closest to:

• A)$800.
• B)$891.
• C)$901.
• D)$1000.

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Definitions:

Ethical Decision

A choice made based on moral principles and values, considering the well-being and fair treatment of all involved.

Harms Someone

An action or conduct that results in negative effects or damage to an individual's physical or emotional well-being.

Socially Responsible

The practice of making choices and performing actions that are ethically beneficial to society and the environment.

Leadership Beliefs

The convictions or principles that influence how a leader views their role and how they interact with their team and stakeholders.