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A. Fitch, one of the Credit Rating Agencies, downgraded Canada credit rating from AAA to AA+.What will happen to the YTM of Government of Canada

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A. Fitch, one of the Credit Rating Agencies, downgraded Canada credit rating from AAA to AA+.What will happen to the YTM of Government of Canada bonds? Explain using graph and words. B. If the Credit Rating Agencies downgraded Canada's corporate bonds sighting high default risk due to COVID 19 high costs. Based on your understanding of default risk what will happen to the risk premium? Is it going to tighten, widen, or stays the same? Explain using graphs and words A. Fitch, one of the Credit Rating Agencies, downgraded Canada credit rating from AAA to AA+.What will happen to the YTM of Government of Canada bonds? Explain using graph and words. B. If the Credit Rating Agencies downgraded Canada's corporate bonds sighting high default risk due to COVID 19 high costs. Based on your understanding of default risk what will happen to the risk premium? Is it going to tighten, widen, or stays the same? Explain using graphs and words

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