Bond Covenants [3] In one or two sentences, answer the following. 1. Who benefits from the covenants

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Bond Covenants [3]

In one or two sentences, answer the following.

1. Who benefits from the covenants in bond contracts when the firm is in financial trouble? Why?

2. Who benefits from the covenants in bond contracts when the firm is issuing debt? Why?

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Lectures On Corporate Finance

ISBN: B00RGENH5I

1st Edition

Authors: Peter L Bossaerts ,Bernt Arne Odegaard

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