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AFP CTP Question # 15 Topic 2 Discussion

CTP Exam Topic 2 Question 15 Discussion:
Question #: 15
Topic #: 2

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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Actual exam question for AFP CTP exam by Lumen37302 at Aug 14, 2025, 10:57:18 PM

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