Question
A credit rating: A. Can be assigned to the issuer of certain types of debt (i.e. bonds) or to the issuer B. Is used by
A credit rating:
| A. | Can be assigned to the issuer of certain types of debt (i.e. bonds) or to the issuer | |
| B. | Is used by investors to determine the price at which to buy debt | |
| C. | Is provided by Nationally Recognized Statistical Rating Organizations (NRSROs) | |
| D. | All answers are correct |
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Investments An Introduction
Authors: Herbert B Mayo
10th Edition
0538452099, 9780538452090
