Economics · Financial Markets
What is the primary function of a Credit Rating?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To monitor the daily stock market trading volume of commercial banks
- 2To determine the market capitalization of listed public firms
- 3To calculate the total tax liability of a corporate entity
- 4To evaluate the creditworthiness of a borrower and their ability to repay debt✓
Correct answer
To evaluate the creditworthiness of a borrower and their ability to repay debt
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