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answer and explain in detail please Capital Budgeting (Theory) The credit rating of BFF1001 Co. is downgraded from AAA to A. 1. Is this an

answer and explain in detail please
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Capital Budgeting (Theory) The credit rating of BFF1001 Co. is downgraded from AAA to A. 1. Is this an upside or downside risk for the creditors of BFF1001? Explain why (4 marks) 2. "The change in credit rating of BFF1001 does not have any impact on the cost of equity" Critically evaluate this statement as correct or incorrect. ( 6 marks)

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