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The Price and Adjustment Process of Bonds to Rating Reclassifications: A Test of Bond Market Efficiency
Steven Katz, The Price and Adjustment Process of Bonds to Rating Reclassifications: A Test of Bond Market Efficiency, The Journal of Finance, Vol. 29, No. 2, Papers and Proceedings of the Thirty-Second Annual Meeting of the American Finance Association, New York, New York, December 28-30, 1973 (May, 1974), pp. 551-559