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Q. Wework the flexible worksharing company, 7.875% bonds were trading at $105 on November 2019 and fell down to $35 in April 2020 and now

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Q. Wework the flexible worksharing company, 7.875% bonds were trading at $105 on November 2019 and fell down to $35 in April 2020 and now are trading at $62 in Oct 2020. Why is that do you think. Do you think they would be yielding more, less or same as 7.875 now? Please give qualitative answer and not quantitative. A

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