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A company's credit rating was upgraded from BB to BBB. A. Briefly explain how this change will impact the market interest rate of a company's

A company's credit rating was upgraded from BB to BBB.

A. Briefly explain how this change will impact the market interest rate of a company's bonds (relative to the benchmark rate).

B. How would the upgrade affect the bond's market price?

33. A company's credit rating was upgraded from BB to BBB. A) Briefly explain how this change will impact the market interest rate of a company's bonds (relative to the benchmark rate)? B) How would the upgrade affect the bond's market price

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