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Bond Market [ LO1] What does the lack of transparency in the bond market imply for bond investors? Rating Agencies [ LO3] A controversy erupted

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Bond Market [ LO1] What does the lack of transparency in the bond market imply for bond investors? Rating Agencies [ LO3] A controversy erupted regarding bond-rating agencies when some agencies began to provide unsolicited bond ratings. Why do you think this is controversial

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