25-28 A loan credit rating is the same as bond credit rating in that it is based solely on the financial soundness of the underlying corporation.

Question

Quizplus · Accepted Answer

Loan credit ratings and bond credit ratings are not solely based on the financial soundness of the underlying corporation; they also consider factors like the terms of the loan or bond, collateral, and market conditions.

25-28 a Loan Credit Rating Is the Same as Bond