Which ones of the following statements about credit rating agencies in China are correct? Select one or more: O a. The credit rating agencies need approval from different regulators to rate different types of bonds. O b. There are several credit rating agencies in China. O c. Domestic credit rating agencies tend to give higher ratings than credit rating agencies with global partners. O d. Almost all public bonds have only one credit rating. O e. Credit rating agencies cannot rate bonds without bond issuer's solicitation.
Which ones of the following statements about credit rating agencies in China are correct? Select one or more: O a. The credit rating agencies need approval from different regulators to rate different types of bonds. O b. There are several credit rating agencies in China. O c. Domestic credit rating agencies tend to give higher ratings than credit rating agencies with global partners. O d. Almost all public bonds have only one credit rating. O e. Credit rating agencies cannot rate bonds without bond issuer's solicitation.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
![Which ones of the following statements about credit rating agencies in China are correct?
Select one or more:
O a.
The credit rating agencies need approval from different regulators to rate different types of bonds.
O b. There are several credit rating agencies in China.
Domestic credit rating agencies tend to give higher ratings than credit rating agencies with global partners.
O d. Almost all public bonds have only one credit rating.
O e. Credit rating agencies cannot rate bonds without bond issuer's solicitation.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F38336ba8-c25e-4577-ac30-cca3a7f9bed6%2Ffa94b196-6741-4e22-af81-c1fbe97253af%2Ftjb38si_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which ones of the following statements about credit rating agencies in China are correct?
Select one or more:
O a.
The credit rating agencies need approval from different regulators to rate different types of bonds.
O b. There are several credit rating agencies in China.
Domestic credit rating agencies tend to give higher ratings than credit rating agencies with global partners.
O d. Almost all public bonds have only one credit rating.
O e. Credit rating agencies cannot rate bonds without bond issuer's solicitation.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Understanding Business](https://www.bartleby.com/isbn_cover_images/9781259929434/9781259929434_smallCoverImage.gif)
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
![Management (14th Edition)](https://www.bartleby.com/isbn_cover_images/9780134527604/9780134527604_smallCoverImage.gif)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
![Spreadsheet Modeling & Decision Analysis: A Pract…](https://www.bartleby.com/isbn_cover_images/9781305947412/9781305947412_smallCoverImage.gif)
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
![Understanding Business](https://www.bartleby.com/isbn_cover_images/9781259929434/9781259929434_smallCoverImage.gif)
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
![Management (14th Edition)](https://www.bartleby.com/isbn_cover_images/9780134527604/9780134527604_smallCoverImage.gif)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
![Spreadsheet Modeling & Decision Analysis: A Pract…](https://www.bartleby.com/isbn_cover_images/9781305947412/9781305947412_smallCoverImage.gif)
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
![Management Information Systems: Managing The Digi…](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780135191798/9780135191798_smallCoverImage.jpg)
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
![Business Essentials (12th Edition) (What's New in…](https://www.bartleby.com/isbn_cover_images/9780134728391/9780134728391_smallCoverImage.gif)
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
![Fundamentals of Management (10th Edition)](https://www.bartleby.com/isbn_cover_images/9780134237473/9780134237473_smallCoverImage.gif)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON