Multiple Choice
If a bond's rating improves it should cause:
A) The bond's price and yield to increase, all other factors constant
B) The bond's price and yield to decrease, all other factors constant
C) The bond's price to increase and its yield to decrease, all other factors constant
D) The bond's price to decrease and its yield to increase, all other factors constant
Correct Answer:

Verified
Correct Answer:
Verified
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