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EXERCISE #4: A 5-year 4% A-rated corporate bond's yield to maturity is 6%. [Assume annual or semiannual.] Quoted Price =. The bond gets downgraded to
EXERCISE #4: A 5-year 4\% A-rated corporate bond's yield to maturity is 6%. [Assume annual or semiannual.] Quoted Price =. The bond gets downgraded to BB-. It's yield is likely to be than 4% and lower/higher than 6%, and the price is likely to be than lower/higher less/greater QPricel EXERCISE #4: A 5-year 4\% A-rated corporate bond's yield to maturity is 6%. [Assume annual or semiannual.] Quoted Price =. The bond gets downgraded to BB-. It's yield is likely to be than 4% and lower/higher than 6%, and the price is likely to be than lower/higher less/greater QPricel
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