Question: answer Protective covenants Multiple Choice O are primarily designed to protect bondholders from future actions of the bond issuer. are limited to stating actions that

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Protective covenants Multiple Choice O are primarily designed to protect bondholders from future actions of the bond issuer. are limited to stating actions that a firm must take. are designed to protect the issuer should it default. only apply to bonds that have a deferred call provision. o O O O are consistent for all bonds issued by a corporation within the United States]

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