Question: 4. This question involves the hypothetical iPong firm from question 3. a. How will demand be affected if a ratings agency upgrades your bond rating
4. This question involves the hypothetical iPong firm from question 3.
a. How will demand be affected if a ratings agency upgrades your bond rating to AA?
b. How will the ratings upgrade affect the price of your bond?
c. How will the ratings upgrade affect your cost of borrowing?
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