Question
Which of the following is FALSE regarding Debt Coverage Ratio? a. It is an indication of risk for the lender b. It is derived from
Which of the following is FALSE regarding Debt Coverage Ratio?
| a. | It is an indication of risk for the lender | |
| b. | It is derived from NOI / Mortgage Payment | |
| c. | It indicates whether NOI is sufficient to cover mortgage payments | |
| d. | It is not of concern to lenders when loan to value ratios are low |
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International Financial Management
Authors: Jeff Madura
7th Edition
0324071744, 978-0324071740
