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6. The credit ratings provided by ratings agencies: A. play a role in overcoming information asymmetry in the financial markets. B. are an informed opinion

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6. The credit ratings provided by ratings agencies: A. play a role in overcoming information asymmetry in the financial markets. B. are an informed opinion on the credit standing of a debt issue. C. are paid for by the security's issuer. D. were found to be unreliable (in relation to mortgage-related securities) during the GFC. E. all of the above

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