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    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 10: Accounting for Long-Term Debt
  5. Question
    If a Bond Issuer's Bond Ratings Drop,the Company Probably Will
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If a Bond Issuer's Bond Ratings Drop,the Company Probably Will

Question 56

Question 56

True/False

If a bond issuer's bond ratings drop,the company probably will have to pay higher interest rates on bonds that have already been issued.

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