Bond rating agencies:
A)assess the credit worthiness of the firm.
B)assess the possibility of default by a firm on the payment of its bonds.
C)include firm's such a Moody's and Fitch.
D)all of the statements above are true.

Question

Quizplus · Accepted Answer

Bond rating agencies assess the credit worthiness of the firm and the possibility of default by a firm on the payment of its bonds. Examples of bond rating agencies include Moody's and Fitch. Therefore, all the statements above are true.

Bond Rating Agencies