question archive A protective covenant may: specify all the rights and obligations of the issuing firm and the bondholders

A protective covenant may: specify all the rights and obligations of the issuing firm and the bondholders

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A protective covenant may: specify all the rights and obligations of the issuing firm and the bondholders. require the firm to retire a certain amount of the bond issue each year. restrict the amount of additional debt the firm can issue. do none of these.

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