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Ch 7 1 answer below » Based on these ratings, bonds are classified into investment-grade bonds and junk bonds. which of the following bonds is likely to be classified as a junk
bond? A bond with a B rating, 11% return on capital, 87% total debt to total capital, and a 26% yield. A bond with a BBB rating, 15% return on capital, 42% total debt to total capital, and a 10% yield. Jan 18 2014 03:34 AM
