Credit-rating agencies do which of the following?
A)evaluate a borrower's probability of default
B)assign the borrower to a particular risk class
C)help lenders determine the credit worthiness of a borrower
D)All of the above are correct.

Question

Quizplus · Accepted Answer

Credit-rating agencies evaluate a borrower's probability of default and assign the borrower to a particular risk class. They also help lenders determine the credit worthiness of a borrower. Therefore, all of the above statements are correct.

Credit-Rating Agencies Do Which of the Following