Question: What would be the likely effect on the yield to maturity of a bond resulting from? a. An increase in the issuing firms times-interest-earned ratio.
What would be the likely effect on the yield to maturity of a bond resulting from?
a. An increase in the issuing firm’s times-interest-earned ratio.
b. An increase in the issuing firm’s debt-to-equity ratio.
c. An increase in the issuing firm’s quick ratio.
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a An increase in the firms times interestearned ratio decreases the default risk of the fi... View full answer
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