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.

Name: 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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Question

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A company's bond rating influences the interest rate the company must pay on future bonds.However,the rating will not affect the interest on bonds already issued.

If a Bond Issuer's Bond Ratings Drop,the Company Probably Will