Use the following information taken from a financial website to answer the following question(s) :
-Refer to the information above.Is Ford MTR's coupon rate higher or lower than the market rate of interest for bonds with a CCC rating?
Definitions:
Competitive Parity
A strategy where companies set their prices or marketing efforts to match those of their competitors to maintain market share.
Similar Prices
A situation where products or services offered by different businesses have little to no price variation between them.
Major Competitors
The top or primary companies that compete in the same industry or market, offering similar products or services.
Strategy
A plan of action designed to achieve a major or overall aim, often involving detailed methodologies to conquer challenges and achieve long-term goals.
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