Milford Bank and Trust Company is revamping its credit management department to more effectively manage credit analysis. As the credit manager for the bank, draft a 750-word report for the board of directors explaining the three C's of credit. Make sure to address the following: Character Capacity Capital Also, explain what the acronym CAMEL means, which is used with the third C (capital)? .

1. Milford Bank and Trust Company is revamping its credit
management department to more effectively manage credit
analysis. As the credit manager for the bank, draft a 750-word
report for the board of directors explaining the three C's of
credit. Make sure to address the following:
Character
Capacity
Capital
Also, explain what the acronym CAMEL means, which is used
with the third C (capital)?