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If a bond becomes more risky, for example, because its rating fell from AA to BBB due to financial troubles at the company that issued

If a bond becomes more risky, for example, because its rating fell from AA to BBB due to financial troubles at the company that issued it

a.

its market price will rise and its yield will fall

b.

both its market price and its yield will rise

c.

both its market price and its yield will fall

d.

its market price will fall and its yield will rise

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