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please only answer if youre certain you are correct, thank you Improving company is becoming less risky and more stable. It has bonds outstanding. Which
please only answer if youre certain you are correct, thank you
Improving company is becoming less risky and more stable. It has bonds outstanding. Which of the following would you expect given Improving company has lowered its risk of default? Assume all other factors such as overall market factors are constant. The yields to maturity of existing bonds would decrease. The coupon rates on existing bonds would decrease. The price of the existing bonds would decrease. The par value of the existing bonds would increase. The overall interest rates on the bond would increaseStep by Step Solution
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