Question
. The purpose of bond ratings is to, a) convey a message about the creditworthiness and default risk of a company. b) signal to the
. The purpose of bond ratings is to,
a) convey a message about the creditworthiness and default risk of a company.
b) signal to the investment community about the financial stability and strength of a
company.
c) satisfy the Trust Indenture Act.
d) all of the above
e) a and b only
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Entrepreneurial Finance
Authors: Steven Rogers
4th Edition
1260461440, 978-1260461442
