From the perspective of an individual investor, what good are bond ratings? Do bond ratings indicate the

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From the perspective of an individual investor, what good are bond ratings? Do bond ratings indicate the amount of market risk embedded in a bond? Explain.

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Apr 28, 2015 03:44 AM

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From the perspective of an individual investor, what good are bond ratings? Do bond ratings indicate the

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From an individual investor perspective bond ratings relieve the drudgery of evaluating the q...View the full answer

Fundamentals of Investing

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