Using a Supply and Demand Model for Bonds,answer the Following

question 95

Essay

Using a supply and demand model for bonds,answer the following questions regarding bonds issued by Apple:
a.Show the effects of an increase in the default risk of Apple.
b.Show the effects if Apple's bond rating goes from AA to AAA.

---

Definitions:

Ozone Depletion

The reduction of the ozone layer in the Earth’s stratosphere, which protects life from harmful ultraviolet radiation.

Eye Cataracts

A common eye condition characterized by the clouding of the lens inside the eye, leading to decreased vision and potentially blindness if untreated.

Aquatic Species

Organisms that live in water environments, including both freshwater and marine species.

Melanoma-Causing Effects

The potential consequences of exposure to certain substances or radiation that can increase the risk of developing melanoma, a serious form of skin cancer.