What do rating agencies do? Why is it important for an investor to take a bond rating

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What do rating agencies do? Why is it important for an investor to take a bond rating into account before determining the value of a fixed-income asset?

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Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Sep 01, 2022 04:10 AM

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What do rating agencies do? Why is it important for an investor to take a bond rating

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There are no investment products in the world that are purely riskfree yet the markets like to th...View the full answer

Fundamentals Of Investing

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