R38 Credit Analysis Models - EOC 18

CFA Level II Equities
#1

Hi!

I can’t understand the answer. Why the value of the Debt is $700.000? Why not $500.000.

Thank you in advance.

#2

Are you referring to the 2019 or 2020 version of Credit Analysis Models? In 2019, the EOC has 15 questions. In 2020, the EOC has 30 questions but nothing seems similar to what you have described.