Question
1.Use the following statements to answer questions 29-30. Statement E: Requiring a company to maintain its current line of business is a good negative covenant.
1.Use the following statements to answer questions 29-30. Statement E: Requiring a company to maintain its current line of business is a good negative covenant. Statement F: Prohibiting a company from investing in risky projects is a strong positive covenant. Statement G: When the spot yield curve is upward sloping, the forward yield curve will be below the spot curve. Statement H: Toggle bonds allow for the issue to pay interest in either cash or more of the underlying issue. Which statement is correct?
A. Statement G B. Statement H C. Both statement G and H D. Neither statement
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