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Ignore the financials above. Suppose a firm's leverage ratio increases significantly over a 3-year period. All else equal, what effect would you expect this change
Ignore the financials above. Suppose a firm's leverage ratio increases significantly over a 3-year period. All else equal, what effect would you expect this change to have on the firm's credit rating and its yield to maturity? a. Improve; decrease b. Improve; increase c. Decline; decrease d. Decline; increase e. Not enough information to
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