Question: Suppose vou estimated a multinomial logit model. The dependent variable CURRENCY {the currencv of bond issue} can take 3 possible values [US Dollar. Euro, Other}.

Suppose vou estimated a multinomial logit model. The dependent variable CURRENCY {the currencv of bond issue} can take 3 possible values [\"US Dollar\". "Euro", \"Other\"}. \"US Dollar\" is the base outcome. SAS output for log odds is as follows: Analysis of Maximum Likelihood Estimates W Id Parameter currencv2 ? Pr 2 ChiSq ChI-Square Intercept 57.7008 Intercept 1.4433 Coupon 109.8518 Coupon 10.?428 cr_rating_d 17941 cr_rating_d Other -1.1?2? Higher coupon the likelihood that the dependent variable is equal to "Euro" rather than \"US Dollar\". 0 Increases Q Decreases Q Does not change 0 There is not enough information to answer this

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