13. What is the primary purpose of bond ratings? Given the importance attached to bond ratings by...

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13. What is the primary purpose of bond ratings? Given the importance attached to bond ratings by bond investors, why don't common stock investors focus on quality ratings of entire companies in making their investment decisions?

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Investments

ISBN: 9788120321014

6th Edition

Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey

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