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What are the three agencies that currently rate bonds? How do the three agencies classify a downgrade? Why is a downgrade a serious issue? How
- What are the three agencies that currently rate bonds? How do the three agencies classify a downgrade? Why is a downgrade a serious issue?
- How does a flight to quality occur in the debt market? Relate this type of action to the events in the autumn of 2008.
- In which two markets can you buy stock? Compare and contrast these two markets. What is an IPO?
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