個案資料
了解個案內容與學習目標,選擇授課教師及使用課程。
Overview of Credit Ratings
內容大綱
This note is a brief summary of how credit-rating agencies do their job. It includes historical information on rates and capital spreads. The note serves as useful supplementary reading, for students encounteing, for the first time, bonds in a capital-structure case, a capital-markets case, or a cost-of-capital case. The note is designed for undergraduate and executive audiences.