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In CapSim, a firm's bond rating (AAA, AA, etc.) slips by one category for each...

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Accounting

In CapSim, a firm's bond rating (AAA, AA, etc.) slips by one category for each ___ in interest.

Additional 0.5 %
Additional 1 % IF there is inflation.
It decreases by 5 %.
None of these choices is the correct answer.
Additional one percent.

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