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If the rating of a bond is upgraded from CC to CCC, what will happen to the price and required yield of the bond? O

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If the rating of a bond is upgraded from CC to CCC, what will happen to the price and required yield of the bond? O The price will rise and the yield will fall The price and the yield will rise O The price and the yield will fall O The price will fall, but the yield won't change because it is still a junk bond

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