In general, why dont bond prices change when bond ratings change?
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In general, why don’t bond prices change when bond ratings change?
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In general bond prices may not change significantly when bond ratings change for several reasons Anticipation and Preceding Adjustments Market partici...View the full answer
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Related Book For
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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