Which of the Following Is True

Multiple Choice

Which of the following is true

A) Downgrade triggers are particularly valuable if they are widely used by a company's counterparties
B) Downgrade triggers become less valuable if they are widely used by a company's counterparties
C) Downgrade triggers are useless because their impact is always anticipated by the market
D) Downgrade triggers are a two-edged sword. If company A has a downgrade trigger for company B then company B has a downgrade trigger for company A