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1.5. a. (1) What are the three primary bond rating agencies? (2) What do bond ratings measure? (3) How do investors interpret bond ratings? (4)

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1.5. a. (1) What are the three primary bond rating agencies? (2) What do bond ratings measure? (3) How do investors interpret bond ratings? (4) What is the difference between an A-rated bond and a B-rated bond? b. (1) Why are bond ratings important to investors? (2) Why are ratings important to businesses that issue bonds

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