Why would a company pay to have its public debt rated by a major rating agency (such

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Why would a company pay to have its public debt rated by a major rating agency

(such as Moody’s or Standard and Poor’s)? Why might a firm decide not to have its debt rated?

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Business Analysis And Valuation Using Financial Statements Text And Cases

ISBN: 9780324118940

3rd Edition

Authors: Krishna G. Palepu, Paul M. Healy, Victor L Bernard

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