Which of the following statement about bond ratings is TRUE?

A. Bond ratings are typically paid for by a company’s bondholders.
B. Bond ratings are based solely on information acquired from sources other than the bond issuer.
C. Bond ratings represent an independent assessment of the credit-worthiness of bonds.
D. None of the given options.

Right Answer: Bond ratings represent an independent assessment of the credit-worthiness of bonds.

January 17, 2018   Asghar Khan    Finance  
Total 1 Votes:
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