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6. All other things equal, how would the following impact a bond's yield to maturity: 1) The bond is upgraded by the rating agencies, 2)

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6. All other things equal, how would the following impact a bond's yield to maturity: 1) The bond is upgraded by the rating agencies, 2) The economy appears to be headed toward a recession, 3) The bond's price increases, 4) New laws are passed that make it more difcult for bondholders to receive payment in the event of bankruptcy. 4 points

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