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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