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November 7, 2019African Development Movie and book Analysis
November 7, 2019Question Description
In the worksheet called DebtRate.xls are 3-year financial statements of5 firms representing different industries. Using whatever method you feel appropriate,Rank the 5 firms in the order of their credit-worthiness.Assign debt rating (ranging from AAA to CCC-) for each companysmarginal debt for the most recent year (Year 3).Concisely explain the method(s) or rationale you used to assign thedebt rating.
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