12 Crossover Bonds Assume that Sacyr Vallehermoso had a bond issue and a credit rating from Moodys...

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12 Crossover Bonds Assume that Sacyr Vallehermoso had a bond issue and a credit rating from Moody’s and S&P. However, Moody’s has given a rating of Aaa and S&P has given a rating of BBB. What does this mean and why do you think it has happened? Explain.

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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