(A) Bond ratings are typically paid for by a company’s bondholders. (X)
(B) Bond ratings are based solely on information acquired from sources other than the bond issuer. (X)
(C) Bond ratings represent an independent assessment of the credit-worthiness of bonds. ()
(D) None of the given options (X)
Answers: Which of the following statement about bond ratings is TRUE Bond ratings represent an independent assessment of the credit-worthiness of bonds.