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which of the following statements ir correct about bond ratings? 1. Bond ratings are concerned only with the possibly of default 2. The debt ratings

which of the following statements ir correct about bond ratings?

1. Bond ratings are concerned only with the possibly of default

2. The debt ratings are an assessment of the exposure to interest rate risk of the corporate issues

3. A on's credit rating does not change after issuance

4. Credit ratings are not important because defaults really rarely occur

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