Question: 1 Exercise 8 - 1 Understanding debt covenants ( LO 8 - 2 ) Required: What is a debt covenant? Why do lenders include them

1 Exercise 8-1 Understanding debt covenants (LO 8-2)
Required:
What is a debt covenant? Why do lenders include them in loan agreements? Why do borrowers agree to include covenants in loan agreements?
 1 Exercise 8-1 Understanding debt covenants (LO 8-2) Required: What is

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