Commodore PC Ms-Dos 3.2 User's Manual page 298

226 MS-DOS User's Reference
If the file has an .exe extension, it would be relocated to the load ^^^
address specified in the header of the .exe file. The address param
eter is always ignored for .exe files. The header itself is stripped
off the .exe file before it is loaded into memory. So, the size of an
.exe file on disk will differ from its size in memory.
If the file was named by the N (name) command, or specified
when you started debug, as a .hex file, then typing the L com-
mand with no parameters would cause debug to load the file
beginning at the address specified in the .hex file. If the L com
mand included the option address, debug would add the address
specified in the L command to the address found in the .hex file
to determine the start address at which to load the file.
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