=12/No. The risk is the borrowers failure to honour contracts either because of inability to repay due

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=12/No. The risk is the borrowers’ failure to honour contracts either because of inability to repay due to poor business conditions or because of bad faith.

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Corporate Finance Theory And Practice

ISBN: 9781118849330

4th Edition

Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi

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