Used in assigning the issues bond rating

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Bond rating agencies have invested significant sums of money in an effort to determine which quanatative and nonquanatative factors best predict vately with corporate personnel to get nonpublic information that is used in assigning the issues bond rating. To recoup those cost, some bond rating agencies have tied their ratings to the purchase of additonal services. Do you beleieve that this is an acceptable practice? Defend your position .

Reference no: EM131009615

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