Problem
a • What are the three primary bond rating agencies?
• What do bond ratings measure?
• How do investors interpret bond ratings?
• What is the difference between an A-rated bond and a B-rated bond?
b. • Why are bond ratings important to investors?
• Why are ratings important to businesses that issue bonds?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.