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Assume that your firm's bonds are currently rated A and the ratings agency has decided to change their rating to BBB. In most cases, the
Assume that your firm's bonds are currently rated A and the ratings agency has decided to change their rating to BBB. In most cases, the yield-to-maturity of your bonds will increase. true or false?
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Basic Finance An Introduction To Financial Institutions, Investments, And Management
Authors: Herbert B. Mayo
12th Edition
1337691011, 978-1337691017
