Question: URGENT!!! No EXCEL NO HAND WRITING PLEASE! question: why would a company pay to have its public debt rated by a mjor rating agency (

URGENT!!!
No EXCEL
NO HAND WRITING PLEASE!
question:
why would a company pay to have its public debt rated by a mjor rating agency ( such as Moody's or standard and poor's)? why might a firm decide not to have its debt rated ?

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