Bonds That Have Been Downgraded Can Fall into a Group

Multiple Choice

Bonds that have been downgraded can fall into a group described as ________.

A) issues that have been downgraded because the issuer voluntarily and significantly decreased their debt as a result of a leveraged buyout or a recapitalization.
B) issues that have been upgraded because the issuer voluntarily and significantly increased their debt as a result of a leveraged buyout or a recapitalization.
C) issues that have been downgraded because the issuer voluntarily and significantly increased their debt as a result of a leveraged buyout or a recapitalization.
D) None of these