a. What does a bond rating say about the risk of fluctuations in a bonds value resulting
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a. What does a bond rating say about the risk of fluctuations in a bond’s value resulting from interest rate changes?
b. What is a junk bond?
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a A bond rating provides information about the risk of fluctuations in a bonds value resulting from interest rate changes It is an evaluation of the c...View the full answer
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Related Book For 
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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