Positive Protective covenants in a bond indenture:

Select one:

a. Require managers to take actions to protect bondholders interests

b. Restrict some actions of managers that may hurt bondholders interests

c. Ensure that the yield to maturity of a bond will not change over time.

d. Ensure that there is no conflict of interest between managers and shareholders

e. Ensure that management acts in the best interest of shareholders