1/ a/ The reason for split ratings across rating agencies and

Description

1/ a/ The reason for split ratings across rating agencies and

1/

a/ The reason for split ratings across rating agencies and effects of split rating on financial market prices and agencies rating dynamics. Support your argument by example and evidence from recent literature.

b/ Explain the key uses of credit rating by regulators and financial market participants.

c/Explain, give example, the principle of cash matching technique for a bond portfolio.

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1/ a/ The reason for split ratings across rating agencies and