The sampsons learn that many corporate bonds have recently


The Sampsons learn that many corporate bonds have recently been downgraded due to questionable financial statements.

However, the Sampsons are not concerned, since the corporate bond they are considering is highly rated. Explain the possible impact of a downgrade of the corporate bond to the Sampsons, given their financial goals.

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Financial Management: The sampsons learn that many corporate bonds have recently
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