Explain how a bond rating might affect a company’s financial choices.

A company’s bond ratings might in concept be similar to your own personal credit ratings. Use an example of how someone’s personal credit rating might affect their financial life — and then translate that to how a bond rating might affect a company’s financial choices.

Requirements:

Your discussion board response should be approximately 200 words. APA format for all references is expected – at the very least, your textbook should be listed as a reference for your discussion board posting.

Explain how a bond rating might affect a company’s financial choices.
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