Business, 15.02.2022 15:20 arianabryant54
A municipal revenue bond indenture contains a net revenue pledge. The following are reported for the year: $30 million of gross revenues, $18 million of operating expenses, $4 million of interest expenses, and $2 million of principal repayment. What is the debt service coverage ratio
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A municipal revenue bond indenture contains a net revenue pledge. The following are reported for the...
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