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A firm has $ 5 billion outstanding in long term bonds. The firm currently has sufficient cash flow to make the scheduled coupon and principal
A firm has $ billion outstanding in long term bonds. The firm currently has sufficient cash flow to make the scheduled coupon and principal payments but would struggle to make those payments in the future if a substantial weakening of the economy occurs. The most likely rating on these bonds is: b AAA. a B c BBB d CCC 
A firm has $ billion outstanding in long term bonds. The firm currently has
sufficient cash flow to
make the scheduled coupon and principal payments but would struggle to
make those payments
in the future if a substantial weakening of the economy occurs. The most
likely rating on these
bonds is:
b AAA.
a B
c BBB
d CCC
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Your Financial Well Being How To Get Your Financial Well Being With Smart Spending Habits
Authors: Fransisca Patten
1st Edition
979-8388729705
