Question
Bond ratings are the corporate equivalent to a credit score. Identify a company that has outstanding corporate debt and identify the firm's bond rating. From
Bond ratings are the corporate equivalent to a credit score. Identify a company that has outstanding corporate debt and identify the firm's bond rating. From your research, what factors have contributed to the cost of debt related to their credit rating? How does this help you understand the relative risk of the firm?
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The Concepts And Practice Of Mathematical Finance
Authors: Mark S. Joshi
1st Edition
0521823552, 9780521823555
