Business, 30.03.2020 20:55, xavier1283

Let’s say you own a firm that produces and sells Ping-Pong tables. The name of your company is iPong because your tables have a plug-in jack for all Apple products. To finance a new factory, you decide to sell bonds. Your bonds are rated BBB. How will demand be affected if a ratings agency upgrades your bond rating to AA?

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Let’s say you own a firm that produces and sells Ping-Pong tables. The name of your company is iPong...