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The credit risk rating for ABC company was recently changed from AA to BB+. What is the significance of this rating change? What does it

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The credit risk rating for ABC company was recently changed from AA to BB+. What is the significance of this rating change? What does it mean? Explain: Explain the concept of "Collateral Perfection" in the context of you being a Financial Institution and making a home mortgage loan to a borrower. What are the potential risks that you face as a lender

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