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Basic Question 8 of 15
The cost of debt increases most significantly when a bond rating changes: A. from AAA to AA.
B. from A to B
C. from BB to AA
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe optimal and target capital structures
CFA® 2024 Level I Curriculum, Volume 2, Module 6.