Which of the following are common loan covenants? Assume each item applies only during the term of the loan. I.Limit on future borrowing
II) Requirement that the borrower maintains a minimum stated level of net working capital
III) Limit on any sales or switches of assets
IV) Limit on the amount of dividends that can be paid
A) I and IV only
B) II and III only
C) I,III,and IV only
D) I,II,and III only
E) I,II,III,and IV
Correct Answer:
Verified
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Q6: The optimal capital structure has been achieved
Q7: The optimal capital structure of a firm
A)will
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A)its equity
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