Studies have shown that around the announcement of bond rating changes:
A) bond values increase, and equity values decrease.
B) bond values decrease, and equity values increase.
C) bond values increase, and equity values do not change.
D) bond values decrease, and equity values do not change.
E) no unusual behavior occurs in bond or equity values.

Question

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The Answer of Studies have shown that around the announcement of bond rating changes:
A) bond values increase, and equity values decrease.
B) bond values decrease, and equity values increase.
C) bond values increase, and equity values do not change.
D) bond values decrease, and equity values do not change.
E) no unusual behavior occurs in bond or equity values.

Studies Have Shown That Around the Announcement of Bond Rating