20) Why do the issuers of bonds seek to increase the strength and number of covenants in agreement? A) Covenants favour the equity holders that managers work for. B) Covenants force the company to renegotiate the terms of the bond if they are br( C) Covenants increase a firm's default risk. D) Covenants can increase the exibility of the company issuing the bond. E) Covenants lower the interest rate investors will require to buy the bond