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TNJ Corporation has $100M of bonds outstanding. As a result of outstanding financial performance during the COVID-19 pandemic, the bond rating agencies have raised their

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TNJ Corporation has $100M of bonds outstanding. As a result of outstanding financial performance during the COVID-19 pandemic, the bond rating agencies have raised their ratings on TNJ's debt. As a result of this upgrade we can expect the price of the bonds to and the yield on the bonds to 1) rise, lower 2) lower, rise 3) lower, lower 4) rise, rise

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