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Which of the following statements is correct regarding credit ratings? Different bonds issued by the same firm could be given different credit ratings. O A

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Which of the following statements is correct regarding credit ratings? Different bonds issued by the same firm could be given different credit ratings. O A bond cannot be upgraded or downgraded over the life of the bond. O Credit ratings reflect the credit quality of the debt issues assessed by the public. O A issuer's credit rating is often the same as that of its senior secured debt

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