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If a bond's rating declines, the interest rate demanded by investors, called the required return, ...

samualson

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If a bond's rating declines, the interest rate demanded by investors, called the required return, ...

If a bond's rating declines, the interest rate demanded by investors, called the required return, also decreases.
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guzman

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samualson Author

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This helps so much, thank you for responding so quickly...

guzman

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No worries, I was online and bored Grinning Face with Smiling Eyes

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