Question: You are trying to evaluate two bond issues. One bond issue is rated A by Moody's; the other is rated B. How important are the

You are trying to evaluate two bond issues. One bond issue is rated "A" by Moody's; the other is rated "B." How important are the bond ratings issued by Moody's Investors Service? Based on your feedback, would you purchase the "A" bond or the "B" bond?

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