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Yesterday, bonds for Cougar Cremary were traded for the yield-to-maturity of 7.28%, which were downgraded by S&P from A to BBB today. If everything else
Yesterday, bonds for Cougar Cremary were traded for the yield-to-maturity of 7.28%, which were downgraded by S&P from A to BBB today. If everything else is constant from yesterday (expected inflation rate etc.):
the bonds' yield-to-maturity should be higher than 7.28%. the bonds' coupon rate should be higher than 7.28%. the bonds' current yield should be higher than 7.28%. the bonds' price should increase. All of the above None of the above |
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