What is the primary purpose of bond ratings Given the importance attached to bond ratings by bond investors, why don 't common stock investors focus on quality ratings of entire companies in making their investment decisions ...

Bond ratings are designed to indicate the creditwort ...

What is the primary purpose of bond ratings? Given the importance attached to bond ratings by bond

Question:

What is the primary purpose of bond ratings? Given the importance attached to bond ratings by bond investors, why don't investors focus on quality ratings of entire companies in making their investment decisions?
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...