Question
Which of the following statements about credit ratings is least correct? Credit ratings are a pay-to-play scheme Credit ratings are slow to adjust Credit ratings
Which of the following statements about credit ratings is least correct?
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| Credit ratings are a pay-to-play scheme | |
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| Credit ratings are slow to adjust | |
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| Credit ratings do a reasonable job of predicting default on corporate debt | |
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| Credit ratings measure the securities amount of interest rate risk |
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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
3rd Edition
0987507133, 978-0987507136
