Question: I dont know how to solve this All else equal, if the government guarantees the payments on a company's bonds (i.e., makes the bond default
All else equal, if the government guarantees the payments on a company's bonds (i.e., makes the bond default free), then the price of the company's bonds will and the YTM on the bond will Increase, Increase decrease, decrease increase, decrease OO decrease, Increase
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