AFP Certified Treasury Professional CTP Question # 487 Topic 26 Discussion

AFP Certified Treasury Professional CTP Question # 487 Topic 26 Discussion

CTP Exam Topic 26 Question 487 Discussion:
Question #: 487
Topic #: 26

Which of the following are examples of covenants in loan agreements?

I. Financial ratios

II. Corporate resolutions

III. Borrower limitations

IV. Borrower obligations


A.

I and III


B.

II and III


C.

I, II, and IV


D.

I, III, and IV


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