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Bond ratings are intended to reflect which of the following? Select one: a. The performance of the firms management of the firms resources b. The

Bond ratings are intended to reflect which of the following?

Select one:

a. The performance of the firms management of the firms resources

b. The quality of the firms stock as an investment

c. The profitability of the firm

d. The chance that the firm will default on its bonds

e. The overall satisfaction level of the firms stakeholders

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