Question: Bonds are sometimes split rated because: The Rating Agencies do not always agree on risk ratings for a given bond class The issuing investment bank
Bonds are sometimes split rated because:
- The Rating Agencies do not always agree on risk ratings for a given bond class
- The issuing investment bank may not agree w the risk ratings an agency assigns.
- Both A and B
- None of the above.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
