Question: A 5 - year 4 % A - rated corporate bond s yield to maturity is 6 % . QuotedPrice = # 1 3 The

A 5-year 4% A-rated corporate bonds yield to maturity is 6%. QuotedPrice = #13
The bond gets downgraded to BB-. Its yield is likely to be #14 than 4% and #15 than 6%, and the price is likely to be #16 than the original Quoted Price.

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