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47( 1 point) Standard & Poor's downgrades an A-rated bond to a BB rating. What is the likely impact of this downgrade if the corporation
47( 1 point) Standard & Poor's downgrades an A-rated bond to a BB rating. What is the likely impact of this downgrade if the corporation issues future bonds? The issuer will need to offer higher interest rates. The principal will yield higher returns The issuer will need to offer lower interest rates. D Future returns will be highly speculative
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