The process of moving credit ratings of different issues up or down from the issuer rating in

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The process of moving credit ratings of different issues up or down from the issuer rating in response to different payment priorities is best described as: 

A. Notching.

B. Structural subordination.

C. Cross-default provisions.

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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