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  3. Study Set
    Financial Institutions Management
  4. Exam
    Exam 10: Credit Risk: Individual Loan Risk
  5. Question
    Covenants Are Restrictions in Loan and Bond Agreements That Encourage
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Covenants Are Restrictions in Loan and Bond Agreements That Encourage

Question 10

Question 10

True/False

Covenants are restrictions in loan and bond agreements that encourage or forbid certain actions by the borrower.

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