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:

  1. The Rating Agencies do not always agree on risk ratings for a given bond class
  2. The issuing investment bank may not agree w the risk ratings an agency assigns.
  3. Both A and B
  4. None of the above.

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