4) Why do the issuers of bonds not seek to minimize the strength and number of covenants in a bond 4) agreement? A) Covenants lower the interest rate investors will require to buy the bond. B) Covenants favor the equity holders that managers work for. C) Covenants force the company to renegotiate the terms of the bond if they are broken. D) Covenants can increase the exibility of the company issuing the bond