Question: Once a bond rating is assigned, it: Never changes over the life of the bond Can change as the financial position of the issuer changes

Once a bond rating is assigned, it:
Never changes over the life of the bond
Can change as the financial position of the issuer changes
Can only change if the rating change is approved by the Securities and Exchange
Commission
Can change on the next bond from the issuer but is fixed for the current bond
Once a bond rating is assigned, it: Never changes over the

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