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Why are credit rating agencies important for investors?
  • a)
    They guarantee investment returns.
  • b)
    They provide low-cost information.
  • c)
    They eliminate investment risks.
  • d)
    They control inflation.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Why are credit rating agencies important for investors?a)They guarante...
Credit rating agencies are important for investors because they provide low-cost information. They assess the credit quality of firms and provide valuable insights to investors, helping them make informed investment decisions.
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