Which of the following statement about bond ratings is TRUE?

A: Bond ratings are typically paid for by a companys bondholders.

B: Bond ratings are based solely on information acquired from sources other than the bond issuer.

C: Bond ratings represent an independent assessment of the credit-worthiness of bonds.

D: None of the given options

Check Correct Option

Bond ratings represent an independent assessment of the credit-worthiness of bonds.

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Which of the following statement about bond ratings is TRUE?

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