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16. Moody's Baa rating indicates a speculative grade. a. True b. False 18. If a bank loan covenant is not met, then the loan goes

16. Moody's Baa rating indicates a speculative grade. a. True b. False 18. If a bank loan covenant is not met, then the loan goes into technical default and the banks can demand immediate repayment or renegotiate the terms of the loan. a. True b. False

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