You have a B-rated bond. On past evidence, what is the probability that it will continue to

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You have a B-rated bond. On past evidence, what is the probability that it will continue to be rated B in one year's time? What is the probability that it will have a lower rating?

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Principles of Corporate Finance

ISBN: 978-1259144387

12th edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen

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Question Posted: Nov 04, 2016 10:22 AM

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You have a B-rated bond. On past evidence, what is the probability that it will continue to

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From Table 234 we find that a Brated bond ...View the full answer

Principles of Corporate Finance

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