CORPORATE FINANCE (LL+CONNECT)
CORPORATE FINANCE (LL+CONNECT)
12th Edition
ISBN: 9781266427404
Author: Ross
Publisher: MCG CUSTOM
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Chapter 8, Problem 7CQ
Summary Introduction

To explain: The reason of rating the bonds by the companies.

Bond Rating:

The bond rating refers to assigning the grade to the bonds. The grade which is assigned represents the quality of credit related to the bonds. This rating helps in evaluating the financial strength of the issuer.

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CORPORATE FINANCE (LL+CONNECT)

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