A corporate bond portfolio manager was overhead asking why, Portfolio Management

A corporate bond portfolio manager was overhead asking why

Question: A corporate bond portfolio manager was overhead asking: "Why do I need a credit risk model? I can get information about the probability of default from credit ratings." How would you respond to this portfolio manager? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Portfolio Management: A corporate bond portfolio manager was overhead asking why

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Portfolio Management: A corporate bond portfolio manager was overhead asking why

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