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Which of the following events or bond contract features would increase the YTM on a corporate bond: (a) a provision in the bond that allows
Which of the following events or bond contract features would increase the YTM on a corporate bond:
(a) a provision in the bond that allows the issuer to buy back the bond
(b) a convenant that limits management actions as the firm nears default
(c) a positive increase in the priice of the firms stock
(d) a decrease in the price of the firms stock
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