The information about the sovereign borrowers and corporate borrowers is generated by the __________?
Correct answer: A. bond rating agencies
- A. bond rating agencies
- B. bond issuance agencies
- C. federal placement
- D. private pavement agencies
Explanation
Bond rating agencies assess and publish information about the creditworthiness of sovereign and corporate borrowers. Issuance agencies arrange offerings but do not provide the primary independent credit assessment.
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Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
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