Single choice 1) Which of the following would not affect a lender's assessment of Loss Given Default (LGD)? The marketability of the collateral offered The seniority of the lender's loan with respect to the other obligations of the borrower The lender's ability to 'net off their dues from the borrower with cash or securities held in another account The initial pricing offered on the loan by the lender to the borrower Single choice 2) If a 'trade check' determines that your (potential) borrower has been delaying payments to a single supplier, you should: increase loan pricing for the borrower exit the client consider a receivable financing facility to the supplier verify if this is a supplier specific issue Single choice 3) When a company undertakes an acquisition, its objectives could be to: (a) broaden the customer base (b) develop a greater stability in earnings (C) establish control over parts of the supply chain (d) eliminate competition O a,b,c O a.cd Ob.cd O a,b,c,d