Describe the role and importance of credit rating agencies in the Freeport

Describe the role and importance of credit rating

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4. Describe the role and importance of credit rating agencies in the Freeport-McMoRantransaction. Which group within an investment bank has the primary responsibility to work withcompanies regarding rating agency considerations? 5. Describe the role of equity research at JPMorgan in the transaction. How has the role ofequity research changed since 2003?
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