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Basic Question 0 of 3
The key credit metric for revenue-backed municipal bonds is the ______.
B. debt service coverage ratio
C. cash available for debt service (CADS)
A. interest coverage ratio
B. debt service coverage ratio
C. cash available for debt service (CADS)
User Contributed Comments 1
| User | Comment |
|---|---|
| johntan1979 | DSCR = EBIT/Total debt service |
Your review questions and global ranking system were so helpful.
Lina
Learning Outcome Statements
explain the financial reporting and disclosures related to financial instruments
CFA® 2025 Level I Curriculum, Volume 2, Module 3.