List and Rank from Highest to Lowest the 8 Possible

question 162

Essay

List and rank from highest to lowest the 8 possible ratings a bond can have,as determined by Dominion Bond Rating Service and S&P's rating service.What factors determine these ratings? What influence do the ratings have?

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Definitions:

Hedonism

A philosophical theory or approach that argues that pleasure and happiness are the primary or most important intrinsic goods and the aim of human life.

Pragmatism

A philosophical approach that assesses the truth of meaning of theories or beliefs in terms of the success of their practical application.

End Result

The final outcome or conclusion of a process or a series of actions.

Rule Utilitarianism

A form of utilitarianism that says an action is right as it conforms to a rule that leads to the greatest good, or that "the rightness or wrongness of a particular action is a function of the correctness of the rule of which it is an instance."