Lecture Fundamentals of financial management: Chapter 21 - Gregory A. Kuhlemeyer, Carroll College, Waukesha
Lecture Fundamentals of financial management: Chapter 21 - Gregory A. Kuhlemeyer, Carroll College, Waukesha
In this chapter we examine various types of term debt as well as lease financing. After studying chapter 21, you should be able to: Describe various types of term loans and discuss the costs and benefits of each; explain the nature and the content of loan agreements, including protective (restrictive) covenants; discuss the sources and types of equipment financing; understand and explain lease financing in its various forms.