Do some research on bond rating companies such as Moody's and Standard and Poor.

50.1K

Verified Solution

Question

Finance

Do some research on bond rating companies such as Moody's andStandard and Poor.

Answer & Explanation Solved by verified expert
3.7 Ratings (588 Votes)
The main purpose of bond rating agencies is to assign credit ratings to the bonds to determine the quality of the bonds and the probability of default These ratings helps the investors determine weather on which bonds they should be investing their hard earned    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Do some research on bond rating companies such as Moody's andStandard and Poor.

Other questions asked by students