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When a bond's rating improves from A to AA A) both the coupon rate will...

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Question

Accounting

When a bond's rating improves from A to AA

A) both the coupon rate will stay the same and the price will fall.

B) both the coupon rate and the price will rise.

C) the coupon rate will fall and the price will rise.

D) the coupon rate will stay the same, but the price will rise.

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