FINC 330 Questions and homework
Question #1
In your project you are entering into a long-term contract to provide services - you are not lending to the company. Do you care about the firm's bond rating? In answering this question consider the following:how is the long-term service contract similar to a bond and what are bond ratings designed to measure?
Find the bond ratings for your firm and its closest competitor. ( Note there are a number of different bond rating systems, you can use any one of them but you need the same type of ratings for the two firm.)
Compare the ratings of the two firms. Does the information you have gathered so far justify the ratings?
(THIS IS RELATED TO FINC330 PROJECT)
Also complete homework #4 in mypearsonlab.com
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