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Question #68907

Which of the following statement about bond ratings is TRUE?

Options:

A) Bond ratings are typically paid for by a company’s bondholders.

B) Bond ratings are based solely on information acquired from sources other than the bond issuer.

C) Bond ratings represent an independent assessment of the credit-worthiness of bonds.

D) None of the given options

Answer: Which of the following statement about bond ratings is TRUE Bond ratings represent an independent assessment of the credit-worthiness of bonds..

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