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emoji emoji
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6 years ago
Moody's Investors Service is able to make a profit because
A) most investors are irrational.
B) of the existence of adverse selection problems.
C) fluctuations in interest rates make default risk on corporate bonds difficult to gauge.
D) small investors like the mutual funds they sell.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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6 years ago
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emoji Author
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6 years ago
Good timing, thanks!
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Yesterday
Helped a lot
dri
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2 hours ago
This site is awesome
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