Moodys Investors Service maintains a Web site at www.Moodys.com. One of the services offered at this site

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Moody’s Investors Service maintains a Web site at www.Moodys.com. One of the services offered at this site is a listing of announcements of recent bond rating changes. Visit this site and read over some of these announcements. Write down several of the reasons provided for rating downgrades and upgrades. If you were a bond investor or bond issuer, would you care if Moody’s changed the rating on your bonds? Why or why not?

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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