Question
2. Find the BBBY credit ratings for long-term debt using the following resources: Moodys and Standard and Poors. ***WSM is not rated by either of
2. Find the BBBY credit ratings for long-term debt using the following resources: Moodys and Standard and Poors. ***WSM is not rated by either of these companies. You will need to register. You do not need to pay for these services. These are the registration websites: https://www.moodys.com/registerinfo.aspx?from=Nav_Reg https://www.standardandpoors.com/en_US/web/guest/register a. What are the credit ratings for BBBY from these agencies in reference to long-term rating? Provide the date of the rating, too. For Standard and Poors Global use the local currency long term for the most current related research and credit information. Moodys Rating and Date Standard and Poors Global Rating and last Reviewed Date BBBY b. Explain what the ratings mean based on each agencies credit rating. Read over pages 7-18 to 7-24 in the textbook. Exhibit 7.3 explains the ratings. Based on the ratings would you invest in the BBBYs long term debt issuance? Why
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