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    Principles of Managerial Finance
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    Exam 6: Interest Rates and Bond Valuation
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    The Purpose of the Restrictive Debt Covenant That Imposes Fixed
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The Purpose of the Restrictive Debt Covenant That Imposes Fixed

Question 196

Question 196

True/False

The purpose of the restrictive debt covenant that imposes fixed assets restrictions is to limit the amount of fixed-payment obligations.

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