Moody’s and Standard and Poor’s provide bond ratings, which are important in assuring the credit quality to foreign investors. T

Question

Otrada [13]

3 years ago

9

Moody’s and Standard and Poor’s provide bond ratings, which are important in assuring the credit quality to foreign investors. T

rue False

Social Studies

1 answer:

devlian [24] · Answer 1 · 2022-02-08T05:28:09+03:00

devlian [24]3 years ago

6 0

Answer:

True

Explanation:

There is a highly importance on the rating agencies because their duty is helping to build cleaner financial markets, their ratings helps not just foreign but local investors to know the quality in credit risk terms of debts issuers