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galben [10]
3 years ago
12

Restrictive covenants are designed to protect both the bondholder and the issuer even though they might constrain the actions of

the firm's managers. Such covenants are contained in the bond's indenture. a. True b. False
Chemistry
1 answer:
Ostrovityanka [42]3 years ago
6 0

Answer:

The answer is True

Explanation:

This is true because it is designed to protect the interest of the bond holder and the bond issuer.

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