Question
What is likely to have happened to the price of a bond that was rated AA yesterday, but has been downgraded to BB today? Which
What is likely to have happened to the price of a bond that was rated AA yesterday, but has been downgraded to BB today? Which kinds of firms that hold such bonds are likely to sell them (hint: what does investment grade mean)?
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Financial Management For Nurse Managers And Executives
Authors: Cheryl Jones, Steven A. Finkler, Christine T. Kovner, Jason Mose
5th Edition
0323415164, 9780323415163
