Question: Protective covenants: Multiple Choice apply to short - term debt issues but not to long - term debt 1 ssues. only apply to bonds that
Protective covenants:
Multiple Choice
apply to shortterm debt issues but not to longterm debt ssues.
only apply to bonds that have a deferred call provision.
only apply to privately issued bonds.
are primarily designed to protect bonoholders.
are a feature found only in governmentissued bond indentures.
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