Band Ratings Companies pay rating agencies such as Moodys and S&P to rate their bonds, and the

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Band Ratings Companies pay rating agencies such as Moody’s and S&P to rate their bonds, and the costs can be substantial. However, companies are not required to have their bonds rated; doing so is strictly voluntary. Why do you think they do it?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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Question Posted: Apr 28, 2011 02:29 AM

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Band Ratings Companies pay rating agencies such as Moodys and S&P to rate their bonds, and the

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Fundamentals of Corporate Finance

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