Question: Please answer urgently the following question : Based on similar information and a similar rating scale, Bank Alpha and Bank Beta have assigned different ratings

Please answer urgently the following question :

Based on similar information and a similar rating scale, Bank Alpha and Bank Beta have assigned different ratings to the same company. In fact, the rating issued by Alpha, AA, is considerably better than the one issued by Beta (BBB) . Alpha rates through the cycle while Beta rates point in time.

Why this explains that the economy is in a recession ??

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!