Eastman Chemical has a higher risk industry compared to Merck & Co based on the Fitch...
Eastman Chemical has a higher risk industry compared to Merck & Co based on the Fitch Navigator maximum Sector rating data:
True/False
Homework Answers
Answer: False
E company: higher risk
M company: lower risk
Based on the above data, E company must not have the maximum rating but must have lower rating than M company.
The level of risk is an important metric in credit rating – higher risk has lower rating, and vice versa.
Therefore, E company should have the minimum rating.
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Eastman Chemical has a higher risk industry compared to
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