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A fixed rate corporate bond is downgraded from an A grade to a B grade. Which of the following statements is false? The bonds yield
A fixed rate corporate bond is downgraded from an A grade to a B grade. Which of the following statements is false?
| The bonds yield to maturity increases. |
| The bonds price decreases. |
| The bonds coupon rate stays the same. |
| The bonds current yield decreases. |
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Equity Valuation Risk And Investment A Practitioners Roadmap
Authors: Peter C. Stimes
1st Edition
0470226404, 9780470226407
