Migration risk is best described as the risk of the: A. increase in the credit spread. B.
Question:
Migration risk is best described as the risk of the:
A. increase in the credit spread.
B. shifting of the ownership of the debt.
C. downgrading of the debt obligation's credit rating.
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Related Book For
Analysis Of Financial Statements
ISBN: 9781118299982
3rd Edition
Authors: Frank J. Fabozzi, Pamela Peterson Drake
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