Question: Bond issuers benefit from placing restricting covenants because by doing so they can obtain a higher interest rate. B . Bondholders benefit from restricting covenants

Bond issuers benefit from placing restricting covenants because by doing so they can obtain a higher interest rate.
B.
Bondholders benefit from restricting covenants because they can obtain a lower interest rate.
C.
Bondholders benefit from restricting covenants because they can obtain a higher interest rate.
D.
Bond issuers benefit from placing restricting covenants because by doing so they can obtain a lower interest rate.

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