What are the major factors that influence the effective cost

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Reference no: EM131334992

1. What are the major factors that influence the effective cost of a term loan?

2. Define the following and give an example of each:
a. Affirmative covenants

b. Negative covenants

c. Restrictive covenants

3. What institutions are the primary suppliers of business term loans?

Reference no: EM131334992

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