What are the main risks that credit ratings reflect? Do we need credit ratings? What are the parameters and risks that credit risk ratings do not incorporate, and investors need to be aware of?
What are the main risks that credit ratings reflect? Do we need credit ratings? What are the parameters and risks that credit risk ratings do not incorporate, and investors need to be aware of?
Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter16: Mastering Financial Management
Section16.1B: Careers In Finance
Problem 2CC
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![What are the main risks that credit ratings reflect? Do we need credit ratings?
What are the parameters and risks that credit risk ratings do not incorporate,
and investors need to be aware of?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7a3b02c6-f985-437f-a601-c8997d9b7510%2Fe74cda51-d677-40f2-996a-202c1691d918%2F69ysnha_processed.jpeg&w=3840&q=75)
Transcribed Image Text:What are the main risks that credit ratings reflect? Do we need credit ratings?
What are the parameters and risks that credit risk ratings do not incorporate,
and investors need to be aware of?
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