Question: Answer true or false 1 Equipment is the best source of collateral for a company at 100% of its value. 2 Bank loans usually include
Answer true or false
1 Equipment is the best source of collateral for a company at 100% of its value. 2 Bank loans usually include covenants. 3 Capacity is the willingness of the borrower to pay back a loan. 4 Bank loans can be secured or not secured depending on the company's expected financial position and results. 5 A bank will focus on financing cash flows to assess a loan
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