problem: George Industries needs to raise 25 million dollar to fund a new office complex. The company plans on issuing 10 year bonds with a face value of $1000 and a coupon rate of 7.0% (yearly payments). The following table summarizes the YTM for similar ten-year corporate bonds of various credit ratings:

[A]   Suppose that George's bonds receive an AAA rating, determine the price of the bonds?

[B]   Suppose that George's bonds receive an AAA rating, the number of bonds that Luther must issue to raise the needed $25 million [round up]?

[C]   What rating must George receive on these bonds if they want the bonds to be issued at par?

[D]   Suppose that when these bonds were issued, George received a price of $972.42 for each bond. Determine the likely rating that George's bonds received?