I’m working on a writing discussion question and need an explanation to help me learn.
1. A controversy erupted regarding bond- rating agencies when some agencies began to provide unsolicited bond ratings. Why do you think this is controversial? Additionally, around the time that real estate began to drop sharply the rating agencies again came under fire as nearly all real estate back bonds were rated triple A. Can anyone find more information on this controversy?
2. Within capital budgeting decisions, there are three hidden options; option to expand, option to abandon and timing options. Select one of these options and explain the option in detail.
NOTE: EACH QUESTION IN 300 WORDS, APA FORMAT AND REFERENCES. SEPARATE THE QUESTIONS AND MENTION THE REFERENCE AFTER EACH DISCUSSION.