Asked by
Elizabeth Strehlow
on Dec 02, 2024
Verified
Bond ratings gauge the likelihood that an issuer will fail to meet their financial obligation.
Bond Ratings
Evaluations of the credit quality and risk of default of a bond, issued by rating agencies, influencing interest rates and investor demand.
Financial Obligation
A legal responsibility to settle a debt or pay for a service or product that has been received.
- Acquire an appreciation for the role and consequences of bond ratings on enterprises and their potential to attract investment.
Verified Answer
AM
Learning Objectives
- Acquire an appreciation for the role and consequences of bond ratings on enterprises and their potential to attract investment.