What factors determine a bond's rating? Why is the rating important to the firm's manager?

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Foundations Of Finance

ISBN: 9780134083285

9th Edition

Authors: Arthur J. Keown, John H. Martin, J. William Petty

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Question Posted: Nov 04, 2016 02:23 AM

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What factors determine a bond's rating? Why is the rating important to the firm's manager?

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Ratings involve a judgment about the future risk potential of the bond Althoug...View the full answer

Foundations Of Finance

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