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3 years ago

12

g Declaring bankruptcy by the bond issuing firm ______ . a. has no impact on value of its bonds b. increases the value of its bo

nds c. decreases the value of its bonds d. makes the value of its bonds worthless

1 answer:

Scilla [17]3 years ago

4 0

Answer:

c. decreases the value of its bonds

Explanation:

There is a significant decrease in the value of the bond if the firm declares bankruptcy.

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