Which of the following outcomes is most likely if the junior analyst revises the bonds original recovery

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Which of the following outcomes is most likely if the junior analyst revises the bond’s original recovery rate higher?

A. An increase in the bond’s POD

B. A decrease in the bond’s POD

C. A decrease in the bond’s credit spread

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Related Book For  answer-question

Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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