Why does the current system encourage issuers to engage in, Financial Management

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Why does the current system encourage issuers to engage in

a. Describe the role that Credit Rating Agencies (CRAs) played during the financial crisis.

b. Why does the current system encourage issuers to engage in “ratings shopping”?

c. Propose a solution to fix this part of the financial industry. Discuss benefits and costs of your proposal.

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Financial Management: Why does the current system encourage issuers to engage in

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Financial Management: Why does the current system encourage issuers to engage in

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