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Identify and match with the possible features or characteristics. 1. The debt agreement includes a covenant that requires the debtor to maintain a minimum
Identify and match with the possible features or characteristics. 1. The debt agreement includes a covenant that requires the debtor to maintain a minimum amount of working capital. 2. The stated rate of a bond issue is less than the market rate. 3. The debt is backed by a claim on the debtor's real estate. 4. 5. The debt agreement includes a covenant that limits the amount of additional debt that the debtor can incur. The debt matures on a single date in 20 years. 6. The bond gives the holder the right to call the debt before maturity. 7. The debtor arranges for defeasance of the debt. Increases the riskiness of the long-term debt Decreases the riskiness of the long-term debt Does not affect the riskiness of the long-term debt C
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