Exam (elaborations)
ECS2605 EXAM PACK.
- Module
- Institution
ECS2605 EXAM PACK. ECS2605 - South African Financial System. What is a credit rating? (2) A credit rating is an evaluation of the credit risk of a prospective debtor, predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. (b) Why does ...
[Show more]