Question: Indicate which of the following actions would decrease a bond's yield to maturity. Select all that apply The bond's price increases. The bond is downgraded
Indicate which of the following actions would decrease a bond's yield to
maturity. Select all that apply
The bond's price increases.
The bond is downgraded by the rating agencies.
A change in the bankruptcy code makes it more difficult for bondholders to receive
payments in the event the firm declares bankruptcy.
Investors learn that the bonds are subordinate to another debt issue.
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