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Currently XYC Corporation's 30 year bonds have a price of $980 andf 6.5%. The bonds just got downgraded and YTM increased to 6.9%. How will

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Currently XYC Corporation's 30 year bonds have a price of $980 andf 6.5%. The bonds just got downgraded and YTM increased to 6.9%. How will the price change? Price will not change. OPrice could either stay same or go up. Price will go up Price will go down Question 19 4 pt A manager believes his firm will earn a 12 percent return next year. His firm has a beta of 1.2, the expected return on the market is 8 percent, and the risk-free rate is 3 percent. Compute the return the firm should earn given its level of risk and determine whether the manager is saying the firm is under-valued or over-valued. 13%, over-valued 996, over-valued 9%, under-valued 13%.under-valued nativeplayba....collab tiveplayba...collab BlackboardColl... .msi MacBoolk

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