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A 3 0 - year corporate bond is issued with par value of $ 1 , 0 0 0 , paying interest of $ 6
A year corporate bond is issued with par value of $ paying interest of $ per year. If the firms credit rating is decreased from AA to A shortly after the bond is issued, which of the following will decrease?
A The coupon rate
B The price
C The yield to maturity
D The current yield
E None of the above
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