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Question Help Puffy Comb Corp. bonds have been downgraded by Standard and Poor's because a growing number of men shave their heads for improved aerodynamics.
Question Help Puffy Comb Corp. bonds have been downgraded by Standard and Poor's because a growing number of men shave their heads for improved aerodynamics. Which of the following should result from this development?
From this development:(Select the best choice below.)
A. The bond price should fall.
B. The yield to maturity will be unchanged.
C. The coupon rate will rise.
D. The coupon yield should fall.
E. The maturity date will change.
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