Please show your work! Please write a separate paragraph to explain your answer to each...
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Accounting
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Please write a separate paragraph to explain your answer to each of the following questions.
Assume that today's date is August 15, 2010 and that the Rite Aid Bond is an annual-coupon bond. Describe what each of the following terms mean and how each value was determined if appropriate.
| Company | Price | Coupon Rate | Maturity Date | YTM Current | Current Yield | Rating |
| Rite Aid | 84.00 | 6.875% | 8-15-2015 | 10.576% | 8.185% | B2 |
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