Please explain what information is contained in an, Finance Basics

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Please explain what information is contained in an

Problem:

Please explain what information is contained in an historical transition matrix for corporate bond ratings. How might this information be used by a bond portfolio manager to help assess credit risk, over one year and three year horizons?

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This question basically belongs to Finance as well as it explains about historical transition matrix for corporate bond ratings and how this information can be employed by bond portfolio managers.

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Finance Basics: Please explain what information is contained in an

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Finance Basics: Please explain what information is contained in an

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