Ask Question
15 July, 01:26

Restrictive covenants are designed to protect both the bondholder and the issuer even though they might constrain the actions of the firm's managers. Such covenants are contained in the bond's indenture. a. True b. False

+5
Answers (1)
  1. 15 July, 02:37
    0
    The answer is True

    Explanation:

    This is true because it is designed to protect the interest of the bond holder and the bond issuer.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Restrictive covenants are designed to protect both the bondholder and the issuer even though they might constrain the actions of the firm's ...” in 📘 Chemistry if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers