The major factors affecting the cost of long-term debt include all of the following EXCEPT
A. restrictive covenants.
B. loan maturity.
C. loan size.
D. the basic cost of money.
Answer:A
The major factors affecting the cost of long-term debt include all of the following EXCEPT
A. restrictive covenants. B. loan maturity. C. loan size. D. the basic cost of money.