Which one of the following is a positive protective covenant that might be found in a bond indenture?
A) Allows the company to repurchase the bond at a specific price.
B) Outline the responsibilities of both the bond issuer and the bond holders.
C) Protect bondholders from company actions that may endanger a bond's credit quality.
D) Reduce the volatility of its price.
E) All of the above.
Correct Answer:
Verified
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