Default risk of individual security issues is rated primarily by Moody's Investors Services Inc. and Standard & Poor's Company which have 80% of the market share between them.

Question

Quizplus · Accepted Answer

Moody's Investors Service Inc. and Standard & Poor's (S&P) are two of the largest credit rating agencies in the world, and they dominate the market by providing ratings that assess the default risk of various debt securities. Together, they hold a significant portion of the market share in this industry.

Default Risk of Individual Security Issues Is Rated Primarily by Moody's