If a firm issues debt and includes protective covenants in the indenture, then the debt will probably be issued at $\_\_\_\_\_$ similar debt without the covenants.

If a firm issues debt and includes protective covenants in the indenture, then the debt will probably be issued at $\_\_\_\_\_$ similar debt without the covenants.

a lower interest rate than

an interest rate equal to that of

a slightly higher interest rate than

a variable interest rate rather than the fixed rate paid on

a significantly higher interest rate than