Credit Metrics Which of the following two credit metrics are defined correctly? I. Loan-to-value (debt/asset value) II.
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Credit Metrics Which of the following two credit metrics are defined correctly?
I. Loan-to-value (debt/asset value)
II. Loan-to-value (debt service/asset value)
III. Debt service coverage (cash flow/interest and principal)
IV. Debt service coverage (cash flow/interest)
a) I, III
b) I, IV
c) II, III
d) II, IV
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