Explain why dating can be considered a method to solve the


1. Explain why dating can be considered a method to solve the adverse selection problem.

2. List four protective covenants that you might be interested in as a prospective bondholder. Briefly describe why these would be realistic bondholder concerns.

3. Which of the following are liquidity ratios?

current ratio

the quick ratio

the cash ratio

all of the above

 

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