Question: Rustoleum Corporation's Earnings Before Interest and Taxes ( EBIT ) is not enough to cover the interest expense due to its bondholders this year. Will

Rustoleum Corporation's Earnings Before Interest and Taxes

(

EBIT

)

is not enough to cover the interest expense due to its bondholders this year. Will Rustoleum Corporation be permitted by law to cancel the payment to its bondholders and pay dividends to its common shareholders this year instead?

Group of answer choices

Yes

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