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In which of the following cases, the decline in bond's price would be highest for a corporate bond? A. A bond that is downgraded from
In which of the following cases, the decline in bond's price would be highest for a corporate bond? A. A bond that is downgraded from A+ to A by S&P B. A bond that is downgraded from AA - to A+ by S&P C. A bond that is downgraded from BBB+ to BBB by S&P D. A bond that is downgraded from BBB - to BB+ by S&P
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