(a) What are the three primary bond rating agencies? (b) What do bond ratings measure? (c) How...

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(a) What are the three primary bond rating agencies?
(b) What do bond ratings measure?
(c) How do investors interpret bond ratings?
(d) What is the difference between an A-rated bond and a B-rated bond?
(e) Why are bond ratings important to investors?
(f) Why are ratings important to businesses that issue bonds?

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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