Question: Why do bond investors like to see restrictive covenants included in bond indenture agreements? Give two examples of common bond covenants, and explain why each

Why do bond investors like to see restrictive covenants included in bond indenture agreements? Give two examples of common bond covenants, and explain why each would be beneficial to bond investors. Discuss.

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Bond covenants attempt to provide protection to the bond investor by restricting the actions of m... View full answer

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