Question

    Total debt service cost implies which among the following?

    A Principal repayment obligations only Correct Answer Incorrect Answer
    B Interest Payment Correct Answer Incorrect Answer
    C Any other sinking fund obligation Correct Answer Incorrect Answer
    D A and b Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Total debt service cost = principal repayment + interest payment + any other sinking fund obligation

    Practice Next