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Why do most international bonds have high Moody’s or Standard & Poor’s credit ratings?
Answer: Moody’s Investors Service and Standard & Poor’s offer credit ratings on several international bond issues. It has been noticed that a disproportionate share of international bonds comprise high credit ratings. The facts suggest that a logical reason for this is that the Eurobond market is just accessible to firms which have good credit ratings to begin with.
assume that risk free rate is 8% and expected rate of return in market is 12%. what is the required rate of return on stock with a beta of 0.8%
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Xcell engineering is planning to construct a futsal stadium which has 5 courts to be rented out at any point of time. Its initial cost of investment is RM$280,000. It is expected t
What is the Credit Policy? Describe please.
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